Sub-Saharan Africa needs to up its game to stem falling tax revenue
Improved governance and efficiency would boost the amount collected while digital systems would broaden the base
25 August 2020 - 17:27
There has been extraordinary political progress in sub-Saharan Africa in the past 30 years, along with steady economic growth. Yet there still remains a need to improve tax collections.
Even though governments have allocated more resources to the process, revenue from taxation is shrinking instead of growing, both in real and absolute terms. There are 49 countries worldwide that collect less than 13% of their GDP, and 20 of them are to be found in sub-Saharan Africa...
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