The Analysis Of Responsiveness Of Tax Revenue To Economic Growth
Rwanda as other low income countries suffer from financial budget deficits due to various reasons including but not limited to: inaccurate estimation of future domestic revenues, structure of the economy limiting the source of revenues, etc… In 2013, the contribution of agriculture, industry and service sectors is 30.5%, 15.1% and 47.6% respectively. The capacity of the economy to generate sufficient
Factors Affecting Tax Compliance In Rwanda An Empirical Analysis
Despite the vital share of tax revenues in total government expenditures, tax to GDP ratio remains low in Rwanda amounting 15.0 % in 2014/2015 compared to the average of 18% in some developing countries. In addition to this low tax to GDP ratio, the informal sector which accounts for 44% of GDP, also contributes to government revenue loss. This study