A taxing issue for Sub-Saharan Africa

Nembo ya IMF

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It was one of America’s founding fathers, Benjamin Franklin who said “that the only two things that are certain in life are death and taxes.” This may well be true, but many developing countries are still finding it a challenge to set up an efficient and effective tax system, despite having pressing social spending needs. To try and learn from the examples of countries in Africa that have successfully reformed their tax policy and systems, the International Monetary Fund (IMF) organized a conference in Nairobi, Kenya on “Revenue Mobilization in Sub-Saharan Africa”-in other words, raising taxes. Karen Ongley spoke to the IMF’s Mark Plant who explained how a good tax system is essential to reducing poverty and improving the lives of citizens.

Duration: 3’38″

Filed under Today's Features.
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