Ivory Coast tax collection up 5% in 2019

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ABIDJAN (Reuters) – Ivory Coast collected 2.25 trillion CFA franc ($3.86 billion) in taxes in 2019, up 4.7% over the previous year, and expects to collect 2.72 trillion CFA francs in 2020, tax chief Abou Sie Ouattara told reporters on Thursday.

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Ivory Coast, the world’s top cocoa producer, accounts for around 40% of the eight-nation West African CFA franc currency zone’s economy.

($1 = 583.2200 CFA francs)

Reporting by Loucoumane Coulibaly; Editing by Aaron Ross

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