The International Monetary Fund (IMF) Resident Representative to Ghana, Dr. Albert Touna Mama has called on the Government of Ghana to strengthen Domestic Revenue Mobilization and reduce borrowing.
According to him, many countries in the Globe are still struggling to collect sufficient revenues to finance their own development.
Speaking at Graphic Business and Stanbic Bank Breakfast Meeting in Accra, Dr. Albert Touna Mama said Revenue mobilization is a key development priority and essential to finance investments in human capital and infrastructure.
He said Countries generate and collect public revenues through taxes and fees, domestically and internationally, to finance activities and services to improve healthcare, education, infrastructure services, public order and other services for their citizens and businesses.
On the same occasion, Vice president of IMANI-Ghana, Mr. Kofi Bentil also called for a review of tax collection at the District level to reduce financial burden in the Finance Ministry and Central government.
He expressed worry over people who are building expensive mansions but are refusing to pay property rate and charge Assemblies to be active in revenue collection to include all.
Mr. Bentil cited an example from some part of Accra where people known as Rich stays but are failing to pay property rate due to the Inactiveness of some Assemblies.
Source: mybrytfmonline/Kofi Atakora
