By Irene Kabakama
URA has asked the International Monetary Fund to provide more funding to support prioritized initiatives in the Domestic Revenue Mobilization Strategy (DRMS).
Speaking at a meeting between URA and the IMF, Ag. Commissioner General Robert Mutebi asked the funding body to support URA in setting up a tax academy, digitizing its processes and setting up a risk management comprehensive model which involves data analysis.
“It takes number of years studying for one to be a competent tax officer. This can be done by a consultant coming to train staff, developing tax content or posting the content online,” he said.
Dumisani E Masilele a representative from the IMF pledged more support to URA especially in capacity building for staff by developing suitable tax programs.
He also lauded the tax body for owning the strategy having implemented its four pillars including; development of a goal, system reforms, stakeholder consultations and development partner support.
On URA’s funding needs, Dumisani said the fund will lobby and advocate for support from partners for activities that they may not be able to support directly.
Uganda’s Domestic Revenue Mobilisation Strategy aims to provide transparency in revenue policy making process, as well as seeks to ensure that Government gradually reduces its reliance on external and domestic loans.
This is to be achieved through three interventions; tax policy, tax administration and physical and social contracts.