Uganda Economic Update, 11th Edition, May 2018 : Financing Growth and Development - Options for Raising More Domestic Revenues

Uganda's fiscal policy has remained mainly expenditure driven, with domestic revenue continuing to lag. This has resulted in a widening financing gap. In the 10-year period to 2017, the total valueof public expenditure increased from 15 percen...

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Main Author:	World Bank Group
Format:	Report
Language:	English
Published:	World Bank, Washington, DC 2018
Subjects:	ECONOMIC GROWTH ECONOMIC OUTLOOK RISKS FISCAL TRENDS REVENUE COLLECTION INFORMALITY TAXATION POLICY DISTORTIONS TAX ADMINISTRATION TAX COMPLIANCE
Online Access:	http://documents.worldbank.org/curated/en/425631526323380885/Uganda-economic-update-11th-edition-financing-growth-and-development-options-for-raising-more-domestic-revenues http://hdl.handle.net/10986/29916

id	okr-10986-29916
recordtype	oai_dc
spelling	okr-10986-299162021-05-25T09:14:56Z Uganda Economic Update, 11th Edition, May 2018 : Financing Growth and Development - Options for Raising More Domestic Revenues World Bank Group ECONOMIC GROWTH ECONOMIC OUTLOOK RISKS FISCAL TRENDS REVENUE COLLECTION INFORMALITY TAXATION POLICY DISTORTIONS TAX ADMINISTRATION TAX COMPLIANCE Uganda's fiscal policy has remained mainly expenditure driven, with domestic revenue continuing to lag. This has resulted in a widening financing gap. In the 10-year period to 2017, the total valueof public expenditure increased from 15 percent of GDP to more than 20 percent. During this time, the tax-to-GDP ratio grew by an average annual rate of 0.2 percentage points, with the value of collected revenues increasing from 10 to 13.8 percent of GDP over the same period. By 2016, the value of Uganda's collected per capita revenues stood at US$ 211 of PPP adjusted to 2011 international dollars. This covered 66 percent of general government expenditures, with the remainder covered by loans and grants. The gap between revenues and expenditures could continue to increase into the future, with the expenditure increasing to meet the need to develop thestock of physical infrastructure and to raise the quality and quantity of social services to meet the needs of Uganda’s rapidly expanding population. 2018-06-20T16:36:48Z 2018-06-20T16:36:48Z 2018-05 Report http://documents.worldbank.org/curated/en/425631526323380885/Uganda-economic-update-11th-edition-financing-growth-and-development-options-for-raising-more-domestic-revenues http://hdl.handle.net/10986/29916 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work :: Economic Updates and Modeling Economic & Sector Work Africa Uganda
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	ECONOMIC GROWTH ECONOMIC OUTLOOK RISKS FISCAL TRENDS REVENUE COLLECTION INFORMALITY TAXATION POLICY DISTORTIONS TAX ADMINISTRATION TAX COMPLIANCE
spellingShingle	ECONOMIC GROWTH ECONOMIC OUTLOOK RISKS FISCAL TRENDS REVENUE COLLECTION INFORMALITY TAXATION POLICY DISTORTIONS TAX ADMINISTRATION TAX COMPLIANCE World Bank Group Uganda Economic Update, 11th Edition, May 2018 : Financing Growth and Development - Options for Raising More Domestic Revenues
geographic_facet	Africa Uganda
description	Uganda's fiscal policy has remained mainly expenditure driven, with domestic revenue continuing to lag. This has resulted in a widening financing gap. In the 10-year period to 2017, the total valueof public expenditure increased from 15 percent of GDP to more than 20 percent. During this time, the tax-to-GDP ratio grew by an average annual rate of 0.2 percentage points, with the value of collected revenues increasing from 10 to 13.8 percent of GDP over the same period. By 2016, the value of Uganda's collected per capita revenues stood at US$ 211 of PPP adjusted to 2011 international dollars. This covered 66 percent of general government expenditures, with the remainder covered by loans and grants. The gap between revenues and expenditures could continue to increase into the future, with the expenditure increasing to meet the need to develop thestock of physical infrastructure and to raise the quality and quantity of social services to meet the needs of Uganda’s rapidly expanding population.
format	Report
author	World Bank Group
author_facet	World Bank Group
author_sort	World Bank Group
title	Uganda Economic Update, 11th Edition, May 2018 : Financing Growth and Development - Options for Raising More Domestic Revenues
title_short	Uganda Economic Update, 11th Edition, May 2018 : Financing Growth and Development - Options for Raising More Domestic Revenues
title_full	Uganda Economic Update, 11th Edition, May 2018 : Financing Growth and Development - Options for Raising More Domestic Revenues
title_fullStr	Uganda Economic Update, 11th Edition, May 2018 : Financing Growth and Development - Options for Raising More Domestic Revenues
title_full_unstemmed	Uganda Economic Update, 11th Edition, May 2018 : Financing Growth and Development - Options for Raising More Domestic Revenues
title_sort	uganda economic update, 11th edition, may 2018 : financing growth and development - options for raising more domestic revenues
publisher	World Bank, Washington, DC
publishDate	2018
url	http://documents.worldbank.org/curated/en/425631526323380885/Uganda-economic-update-11th-edition-financing-growth-and-development-options-for-raising-more-domestic-revenues http://hdl.handle.net/10986/29916
_version_	1764470703708438528

Uganda Economic Update, 11th Edition, May 2018 : Financing Growth and Development - Options for Raising More Domestic Revenues

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