The Washington-based financial institution has provided US$150 million and says the funds will help the Surinamese Government overhaul the tax collection system, boost public spending oversight and efficiency, improve fiscal planning and management, and strengthen the oversight of state-owned enterprises. The bank said the program supports the government’s plan to improve revenue collection through the adoption of the Value Added Tax, and the adoption of regulations to strengthen tax management in all major sectors of the economy.
Source: caribbeannationalweekly.com
