Wider tax nets, digitisation touted for post-Covid revival
Digitisation and expansion of tax bases could help countries in Africa weather the economic shocks of the Covid-19 pandemic, the African Development Bank (AfDB) says. PHOTO | FILE
Digitisation and expansion of tax bases could help countries in Africa weather the economic shocks of the Covid-19 pandemic, the African Development Bank (AfDB) has said.
Kevin Chika Urama, the bank’s acting chief economist and Vice President, Economic Governance and Knowledge Management Complex, said digitisation would boost revenue collection and encourage prudent management of the resources at hand.
