Audio By Carbonatix
Economist, Professor William Baah-Boateng, has lamented that Ghana may struggle with its revenue mobilisation if proper measures are not put in place.
According to him, successive government have failed to address the challenges due to a lack of appropriate strategy.
Speaking to George Wiafe on PM Express, Professor Baah-Boateng who is also the Head of the Economics Department, University of Ghana, stressed on the need for a more robust system in tackling revenue leakages across all sectors, rather than expanding the net.
“I think we will continue to battle with revenue collection. We keep expanding the tax net, yet we are not getting what we want, which means we are not doing something right”.
“We see government agencies collecting taxes yet we see less of these amounts for developmental projects”, he bemoaned.
Professor Baah-Boateng further asked the government to implement policies based on science and data.
He explained that government should not haste in making decisions due to crises that will crowd out the private sector.
“Policies made should be based on research, science and data. We have a lot of policies that seem to be ineffective”.
Widening the domestic tax base of the economy has been a subject matter that has received hefty attention of successive governments over years in most parts of the world.
As a result, Ghana have created numerous efforts directed at mobilising as much as possible tax revenue to assist government expenditures on developmental, social, recurring and interventional projects over the years.
These efforts of tax mobilisation are dear to governments for the achievements of fiscal consolidation and higher tax revenue to Gross Domestic Product (GDP) ratio.
Latest Stories
-
Opanin Joseph Kofi Nti
18 minutes -
Flights cancelled and new travel warnings issued after Iran strikes
27 minutes -
Helicopter crash: Children’s support fund surpasses GH¢10.15m
1 hour -
MobileMoney Ltd breaks silence on viral TikTok fraud claim, urges public to dial 419
2 hours -
Blind refugee found dead in New York after being released by immigration authorities
3 hours -
Stanbic Bank Ghana leads $205m financing for Engineers & Planners
3 hours -
MobileMoney Ltd responds to viral TikTok video by Healwithdiana, advises customers to report fraud on 419
3 hours -
Mobile Money Ltd’s Paapa Osei recognised in Legal 500 GC Powerlist: Ghana 2026
3 hours -
Flights in and out of Middle East cancelled and diverted after Iran strikes
4 hours -
Dr Maxwell Boakye to build 50-bed children’s ward at Samartex Hospital in honour of late mother
4 hours -
One killed and 11 injured at Dubai and Abu Dhabi airports as Iran strikes region
4 hours -
Former MCE, 8 others remain in custody over alleged land fraud in Kumasi
4 hours -
Black Queens players stranded in UAE over Israel-Iran conflict
5 hours -
James Owusu declares bid for NPP–USA chairman, pledges renewal and unity
5 hours -
Trump threatens strong force if Iran continues to retaliate
5 hours
