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
-
5 arrested for posing as military personnel to attack miners in Ashanti Region
4 minutes -
Ghanaian automotive engineer Ing. Ebenezer Kwadjo Dankyi honoured at Africa–UK Trade and Investment Summit
4 minutes -
‘Where is the presumption of innocence?’ – Tuah-Yeboah on Partey visa refusal
11 minutes -
GFA President and Ambassador Smith meet top police command in Providence ahead of Ghana’s World Cup opener
28 minutes -
Nothing stops OSP from pursuing Ghana case despite Ofori-Atta’s permanent residency request – Tuah-Yeboah
31 minutes -
Thousands of Ghanaian pupils attend schools near toxic sites, study finds
31 minutes -
Say no to single life
41 minutes -
Accra Institute of Technology matriculates students for 2025/2026 academic year
46 minutes -
Foresters demand arrest and prosecution after violent attack on Babatokuma Forestry Commission checkpoint
48 minutes -
GoldBod, Armed Forces and Forestry Commission launch national land reclamation project
49 minutes -
Ghana Boundary Commission launches African Border Day activities with water project in Bawku West
58 minutes -
Mfantsiman Old Girls’ Association to hold nationwide health walk on June 27
59 minutes -
Ghana, Burkina Faso launch fresh push to reaffirm shared border
1 hour -
Ghana urged to use data science, AI to solve Ghana’s perennial flooding problem
1 hour -
Musk’s SpaceX buys AI coding start-up for $60bn days after IPO
1 hour