Govt Must Reduce Unnecessary Expenditure – URA Warns
Uganda Revenue Authority (URA) says the government must reduce unnecessary expenditure to increase the tax-GDP (Gross Domestic Product) ratio. Ibrahim Bbossa, URA’s Assistant Commissioner, of Public and Corporate Affairs, says Uganda’s tax-GDP ratio is low, standing at 14%. He says Uganda must aim at increasing the ratio to at least 20% and to achieve this,…