Development and Debt in Lower-Income Economies - A Conversation between Kristalina Georgieva and David Malpass

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Development and Debt in Lower-Income Economies - A Conversation between Kristalina Georgieva and David Malpass

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Patricio V Marquez

More debt often reflect the low capacity of countries to mobilize additional tax revenue as a share of GDP to fund and sustain priority investments and programs such pandemic preparedness via better tax administration (including value-added taxes), tackling tax avoidance and evasion (e.g., taxing financial capital flows), broadening the tax base by removing cost-ineffective tax expenditures (e.g., fuel subsidies), and increasing excise taxes on unhealthy products (including on tobacco, alcohol, and sugar-sweetened drinks). How to prioritize this effort. Any comment from Kristalina and David?
Mon, 02/10/2020 - 13:53

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