BoB call for change
The central bank, Bank of Botswana (BoB) has insinuated that there is a need to enhance domestic resource mobilization, by broadening the tax base.
Speaking at a recent media briefing, the bank’s Governor, Moses Pelaelo stressed there is also a need to increase the progressivity of the personal income tax, streamlining, and rationalization of distortionary subsidies and VAT exemptions.
Pelaelo further noted there is considerable scope for an enhanced and more efficient domestic borrowing programme to tap into resources accumulated by the retirement funds, annuity ...
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