The link between tax, debt, and public service provision.

The link between tax, debt, and public service provision.

The workshop has become important at a time when the government in an attempt to rake in domestic revenue has amended and introduced new taxes in the phase of seeking bailout from the International Monetary Fund. The Domestic Debt Exchange Programme (DDEP) which is one of the conditionalities of the IMF has already affected the growth of the banking sector following redlight in the monetary policies to manage inflation. Some businesses have folded up and inflation is still galloping at about 45%. The new taxes are expected to rake in about GHC4 billion annually. The question is: would this translate into improved social service delivery or will go into servicing debts? This workshop seeks to answer this question and address other related issues.