Tax revenues could make a vital contribution to the development of African countries. But the untapped informal sector, also known as the shadow economy, and inadequate collection of taxes stand in the way.
Tax revenues could make a vital contribution to the development of African countries. But the untapped informal sector, also known as the shadow economy, and inadequate collection of taxes stand in the way.
Hardships pre-date pandemic, stop the covid excuses – Gatsi to gov’t LISTEN
MAY 10, 2021
Government is unduly using the COVID-19 pandemic as an excuse for its poor handling of the economy, the Dean of the School of Business at the University of Cape Coast, Prof John Gartchie Gatsi, has said.
Prof Gatsi said although “it’s a fact that the pandemic has done a lot of havoc to the economy globally” and “has affected our momentum of growth, revenue mobilisation and expenditure”, he thinks “by now, the government should appreciate the fact that Ghanaians don’t believe that the problems that they are talking about, in terms of jobs, in terms of hardships, started with COVID”.