Nation brings in more cash from taxes in last six months

The finance ministry said it has taken in 11.7 percent more tax money in the first half of the year than in the same period last year.

The Ministerio de Hacienda said that one reason appears to be the improved economic condition. Sales tax collection was up 13.2 percent, the ministry said, and income tax was up 12.3 percent.

The ministry quoted Edgar Ayales, the new minister, as crediting addition efforts against tax evasion. Ayales got the job after the previous financee minister, Fernando Herrero, was caught in late March undervaluing his real estate for tax purposes.

Also going up was government spending, which was 10.4 percent higher in the first six months of the year than in the past year, said the ministry.

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