Revenue generation: ✓ Enhancing revenue generation capacity is essential. Stepping up efforts for a more effective domestic resource mobilization is important.✓ The budget lacks a clear plan on how to improve the tax performance of the government.✓ Zimbabwe currently has a low tax-to-GDP ratio of 12.6%. According to the World Bank, a 15% threshold is..
By Collen Jonasi Following the abuse of mobile money platforms by illegal foreign exchange dealers which resulted in a sharp fall in value of the local currency against the US$, the Ministry of Finance through the Central Bank took drastic measures to restore sanity in the financial services sector. Within the cocktail of measures taken..