Two straight months of falling revenues

According to the Ministry of Finance, the February tax revenues were low again. The tax collection that month was of 2.121 million doolars,

Según el Ministerio de Finanzas, los ingresos tributarios de febrero volvieron a caer. Se trata de la estadística más reciente. Lo percibido ese mes suma 2.121 millones, although accrual was 2,190 million dollars. The decline was 23.4% compared to last year.

On January, according to the SRI, the retail and income tax were below for a 24% to 27% respectively, as published by the Daily EXPRESO this past Thursday. The collection of tax in January is a reflection of what happened on December. The Christmas commercial activity was lower than the previous year, which means a decrease of the tax collection. (I)

Original source in Spanish: http://expreso.ec/economia/dos-meses-seguidos-de-caida-de-las-recaudaciones-KB120509