“Our budget process has been such a way that the revenue that we collect and the expenditure we do every budget year are misaligned. The IMF has been complaining that there is no discretionary budget, the budget doesn’t have rule, people can arbitrary assign stuff; you’re wasting budget support money; you’re misusing partners money – this is the complaint,” he said. As part of these interventions, Commissioner Nah said, the LRA has introduced the domestic resource mobilization strategy. Mr. Nah’s plan fall in line with the IMF recommendation that the authorities pursue reforms, including excise tax, tax exemptions, and compliance. The mission notes the recent finalization of the Domestic Revenue Mobilization Strategy,” the IMF had said.

Source: Front Page Africa April 26, 2019 05:15 UTC