Ghana should expand tax net, use revenues prudently Panelists [Video]

Panelists at the launch of the World Bank Group latest flagship report, World Development Report (WDR) 2024, have called for innovation, prudent use of the country’s tax revenues and expansion of the tax net to rope in more revenue for the government to accelerate the growth of the country.

Also, the panelists stressed the need for initiating programmes and measures to encourage savings, the protection of strategic sectors of the economy, investment of public revenues in projects with high returns in order to reduce government borrowing and curbing illicit financial flows.

The panelists are; First Deputy Governor of the Bank of Ghana, Dr Maxwell Opoku-Afari, the Director of the Institute of Statistical Social and Economic Research of the University of Ghana, Professor Peter Quartey, the UN Resident Coordinator, Charles Abani, the President and Chief Executive Officer of African Centre Economic Transformation, Ms Mavis Owusu-Gyamfi, and the Swiss Ambassador to Ghana, …

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