Govt must be strategic in revenue mobilization- ACET


The African Center for Economic Transformation (ACET) has tasked government to be more strategic in dealing with its revenue mobilization.

ACET says this will allow government to have control over its domestic resources and also reduce its over -dependence on other countries.

The Nana Akufo-Addo government is positive of meeting its revenue target despite the potential drop in revenue from the tax cuts announced in the 2017 budget.

The Director, Country Engagements and Operations of ACET, Dr Edward K. Brown believes enforcing compliance will enhance revenue mobilization in the country.

“We need to really reduce the dependency, and have a better control over the domestic resource mobilization; government needs to be more strategic.” he explained.

He also hints that the economy will be more stable and development will take its course should government pay extra attention to issues of taxes.

“They need to look at the number of variety of issues relating to domestic resource mobilization. Particularly the whole issue of property taxes, municipal taxes, all those things that will help to enhance revenue at the local and the national level. Government must focus on them, it is one of the key areas that government has to focus on.” he added.

He spoke to Citi Business News at the sidelines of a Resource Mobilization and Management Policy Learning Event in Accra.

By: Jessica Ayorkor Aryee/citibusinessnews.com/Ghana.

 



Published on 15 April 2017 | 6:00 pm at Source