DAR-The Office of the Treasury Registrar (OTR) has surpassed its target for non-tax revenue collection by 13 percent for the month of November this year.
This was announced in Dar es Salaam by the Treasury Registrar, Mr. Nehemiah Mchechu, on Wednesday, December 4, 2024.“As of November 29, we had collected Sh33.1 billion, which is 113 percent of our target to collect Sh29.4 billion,” said Mr Mchechu.
The revenue is collected from Public and Statutory Corporations (PSCs) and companies in which the government holds a minority stake.
The main sources of non-tax revenue for the OTR include dividends, the contribution to the consolidated fund, surplus and other remittances, interest and loan repayment, and the telecommunication transfer monitoring system remittance.