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Uganda economic update, 11th edition : financing growth and development - options for raising more domestic revenues : factsheet May 2018 (English)

Uganda collects 14 percent of Gross Domestic Product (GDP) in both taxes and nontax revenue, which is insufficient to finance its development. Strengthening the tax system by reducing tax exemptions, broadening the tax base through tapping into hard to reach informal activities, and improving Uganda Revenue Authority (URA)'s systems could raise additional tax revenues to beyond 20 percent of GDP over the medium term.

Details

  • Document Date

    2018/05/01

  • Document Type

    Working Paper

  • Report Number

    126183

  • Volume No

    1

  • Total Volume(s)

    1

  • Country

    Uganda,

  • Region

    Africa,

  • Disclosure Date

    2018/05/14

  • Disclosure Status

    Disclosed

  • Doc Name

    Uganda economic update, 11th edition : financing growth and development - options for raising more domestic revenues : factsheet May 2018

  • Keywords

    gross domestic product; tax system; domestic revenue mobilization; efficiency of tax administration; high population growth rate; Tax Exemption; tax base; public investment management; civil society engagement; cost of credit; construction of school; cost of education; adoption of technology; Public Expenditure Management; members of parliament; sound tax policy; stable exchange rate; private sector credit; impact of conflict; economic growth rate; public service delivery; improved service delivery; growth and development; clearance of good; effective service delivery; good tax system; public awareness; tax revenue; external demand; tax instrument; government investment; foregone revenue; essential services; revenue agency; inclusive development; export demand; extreme poverty; expected growth; Tax Reform; tax assessment; private consumption; commodity price; global economy; voluntary compliance; export market; Business Registration; income stream; raise awareness; excise duty; border post; product price; vested interests; debt sustainability; Public Spending; oil production; alternative financing; binding constraint; informal sector; oil sector; Cash flow; market imperfection; foreign demand; business environment; high tax; reform effort; tax payer; simplified procedures; online service; internationally comparable; lending rate; output growth; budget revenue; social contract; informal activity; nontax revenue; judicial service; public official; efficient system; Public Services; paying tax; fight corruption; Tax Compliance; taxpayer service; land administration; Management Systems

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Citation

Uganda economic update, 11th edition : financing growth and development - options for raising more domestic revenues : factsheet May 2018 (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/572021526321002932/Uganda-economic-update-11th-edition-financing-growth-and-development-options-for-raising-more-domestic-revenues-factsheet-May-2018