Logo of Phnom Penh Post newspaper Phnom Penh Post - Government lays out plan for non-tax revenue

Government lays out plan for non-tax revenue

Government lays out plan for non-tax revenue

The Ministry of Economy and Finance held a workshop yesterday to finalise a draft on a sub-decree managing non-tax revenue sources, part of the government’s attempt to improve its revenue collection.

About 300 officials from relevant ministries attended the workshop, which was headed up by Net Mony, director-general of the General Department of State Assets and Non-Fiscal Revenue.

Mony said yesterday that a final draft of the sub-decree would be submitted to the cabinet for approval by the end of March. Non-tax revenue accounted for about 15 percent of total state revenue last year, according to Mony, but he said he expected that percentage to rise after the passage of the new rules.

Currently, non-tax revenue is collected individually by each ministry, and there are more than 5,000 different sources of non-tax income. The sub-decree is intended to simplify the collection process and bring all the sources under a single set of rules, Mony said.

MOST VIEWED

  • Virus tops 84 with new cases in S’ville

    The Ministry of Health on Sunday night confirmed another 31 cases of coronavirus infections, bringing the Kingdom’s total to 84 and it highest daily tally. There have been no fatalities thus far. The latest cases were found in 29 French tourists and their two Cambodian tour guides

  • Two French tourists latest Covid-19 cases in Kingdom

    The Kingdom on Saturday saw two more cases of coronavirus infections, bringing the total to 53. While the majority of the previous cases are linked to a Muslim religious gathering in Malaysia, the latest cases involved two French tourists visiting Sihanoukville. The Ministry of Health said

  • Kingdom’s virus toll tops 84, Cambodians in Thailand rush home

    The Ministry of Health on Sunday night confirmed another 31 cases of coronavirus infections, bringing the Kingdom’s total to 84 and its highest daily tally. There have been no fatalities thus far. The latest cases were found in 29 French tourists and their two Cambodian tour guides

  • NBC calls for cashless payments

    The National Bank of Cambodia (NBC) has urged government ministries, financial institutions and the public to conduct cashless payments via electronic systems where possible to combat the spread of Covid-19. “To contribute to the prevention of Covid-19, the National Bank of Cambodia encourages financial institutions

  • CEO held for fraud in Siem Reap

    Over 200 individuals gathered in front of the Siem Reap Provincial Court last week to ask that Dim Suonnath, the CEO of a real estate company being held for fraud, take responsibility for compensating some 2,000 residents who invested with him. The request was denied. Suonnath responded

  • Ministry calls for home schooling

    Minister of Education, Youth and Sport, Hang Chuon Naron appealed to parents of students to provide home education in a proper environment and help them obtain more learning materials. The ministry also allowed schools to take a premature vacation after several people tested positive for