The performance of the economy in the country has facilitated a greater collection of taxes such as Income Tax (ISR), an income related more to activities that generate retributions and profits.

Within this total, the ISR contributed US$414.5 million, equivalent to a growth of 28.4 % with respect to the same period last year and also surpassing the budget projection. Through returns alone, up to the second month of 2022, the MH received US$35.5 million. This result doubles what the Treasury expected to receive and, at the same time, shows an increase compared to last year.

Income tax returns correspond to the activities that taxpayers carried out in the previous fiscal year. This means that tax returns are now being filed that reflect the activities of 2021.

Another fact that shows that there are activities with marked dynamism is the special contribution for the promotion of tourism. This specific source of income contributed US$2.5 million in the second month, an amount that doubles the collection obtained in 2021 in the same period. It is also 32.5% higher than the target set.

When the economy shows a fast pace of recovery and growth, employment and investments increase: workers and companies "earn" more. This then translates into higher revenues for the Treasury, as required by law.

According to the Central Government, a factor that helps to make this point clear is that it has the support of multilateral organizations and friendly countries.

The Treasury points out that it continues working to promote a balance in the State's finances. The Anti-evasion Plan and the Anti-smuggling Plan are aimed at combating bad practices that reduce income. At the same time, the modernization of the State has led to more efficient spending. A third way is the search for better financing options to reduce the burden of public debt.