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prima:Treasury Department exceeds revenue projection in the first month of the fiscal year

Net revenues to the General Fund amounted to more than $1,048 million last July, supported mainly by a 61% increase in corporate collections

October 3, 2024 - 1:42 PM

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Hasta ahora se han desembolsado $2,700 millones del Pago de Impacto Económico a 1.8 millones de familias.
The growth in collections was attributed, in principle, by Treasury Department Secretary Nelson Pérez Méndez, to corporate collections, which totaled $351.4 million last July. (Archivo)

Collections reported last July exceeded projections by $317.3 million, culminating the first month of fiscal year 2024-2025 with net revenues to the General Fund amounting to $1,048.2 million, Treasury Department Secretary Nelson Pérez Méndez announced Wednesday.

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