Rwanda: Statistical Appendix
Exporters are permitted to sell their foreign export earnings freely in the exchange market or to retain them in accounts with domestic banks. The surrender requirements for export earnings of coffee and tea have been reduced from 90 percent to 50 percent at end-1996 and eliminated at end-December 1997. The remaining export restriction—a 16 percent ad valorem export tax on coffee that was introduced in April 1998 in place of a variable export tax—has been eliminated effective January 1, 1999.
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Volume/Issue:
Volume 2001
Issue 030
Publication date: February 2001
ISBN: 9781451833249
$20.00
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Topics covered in this book
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Business and Economics , Exports and Imports , Public Finance , Taxation - General , ISCR , CR , price index , earnings , customs duty , economic planning , tertiary sector , debt service , primary sector , Tariffs , Agricultural commodities , Public expenditure review , Imports , Africa
Summary
Exporters are permitted to sell their foreign export earnings freely in the exchange market or to retain them in accounts with domestic banks. The surrender requirements for export earnings of coffee and tea have been reduced from 90 percent to 50 percent at end-1996 and eliminated at end-December 1997. The remaining export restriction—a 16 percent ad valorem export tax on coffee that was introduced in April 1998 in place of a variable export tax—has been eliminated effective January 1, 1999.
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