Raising Government Revenue in Africa: A Road out of Poverty


By Mark Plant

(Version in Français. Listen to the podcast in English or Français.)

Governments in Africa have a prime objective—to reduce poverty. To improve living standards and create jobs, they need to provide their citizens with better health care, better education, more infrastructure. They need to build hospitals, schools, and to pay doctors, nurses, teachers.

All this costs money. How to pay for this—in a way that is both fair and efficient—is a question that all governments face.

There are limits to how much a government can receive as grants from donors or borrow from donors or the private sector. So raising tax revenues is a necessary element for governments to spend on providing more of these essential services and, in turn, reduce poverty. Continue reading

Topical Trust Funds—The New Assistance Vanguard


By Alfred Kammer

The IMF has begun implementing a new approach to financing its technical assistance by creating a series of topical trust funds that bring together interested donors.

The idea behind the new topical trust funds is to support broader initiatives on policy topics and engage donors on a broader, longer-term, and more strategic basis.

Let me illustrate this with two examples of trust fund programs that we are currently developing. A program on Tax Policy and Administration aims at helping countries mobilize more domestic resources in support of investment toward reaching the Millennium Development Goals, while also reducing their aid dependency.

Continue reading

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