By Irene Kabakama
A technical team from the International Monetary Fund (IMF) visited URA to conduct a review of the Domestic Revenue Mobilization Strategy (DRMS) yesterday.
“We are reviewing the performance of the implementation of DRMS from 2019 to see how far URA has gone and to identify areas that need improvement & support. We are also having a discussion with the Ministry of Finance to forge a way forward after the FY 2023/24 and the risks to the DRMS,” said Faith Mazani, a technical assistance advisor with the IMF and head of the delegation.
Mazani added that the review would focus on the revenue performance highlights, other reform achievements, departmental priorities, and assured URA of support from development partners.
“We have the funds to support the members as well as the technical support in areas that are challenging and need improvement,” she said.
According to Mazani, this process will help improve the implementation of the DRMS after the identification of areas that need improvement.
During the meeting, members of senior management lauded the program, saying the achievements of the DRMS are clearly reflected in the revenue performance. They highlighted the improvements in rental income tax.
They, however, noted the need to improve tax education by utilizing a sector-based approach and the need to mitigate the selective usage of EFRIS, selective issuance of receipts, and the selective stamping of goods for DTS, among other challenges.
