What are steps being taken to minimize budget deficits in your country?

(i) increasing tax revenue through the following measures

• Increasing the tax base through industrialization and operation of value added tax (VAT).
• Reducing smuggling by harmonizing tax rates with those of neighbouring countries.
• Increase the tax capacity of tax payers by availing credit.
• Encouraging domestic and foreign investors through tax holidays and provision of infrastructures
• Strengthening revenue authority
• Easing means of payment of tax i.e. through banks and mobile money means.
• Reducing tax exemptions
• Reducing corruptions.

(ii) Reducing government expenditure by.

• Advocating for political stability
• Reducing high administration posts.
• Checking population growth through family planning strategies
• Cost shearing in health and education institutions
• Automation to reduce government staffing
• Fight inflation
• Reducing internal debt by selling less treasury bills.
• Privatize inefficient government enterprises.
• Reducing corruption and embezzlements.