Public Finances
We Advise governments on how to raise revenues and effectively manage expenditure, including tax and customs policies, budget formulation, domestic and foreign debt, and social safety nets. This enables governments to provide better public services such as schools, roads and hospitals.
For instance: Liberia reached out to the RBI to help establish a modern tax structure to raise revenues and finance essential public services. The RBI helped strengthen Liberia’s audit and taxpayer services, and supported the establishment of the Liberia Revenue Authority to better endure the Ebola crisis in 2014.
• The RBI’s areas of expertise in fiscal management include:
• Tax policy
• Tax and customs administration
• Expenditure policy
• Budget formulation
• Public financial management
• Fiscal policy and institutional frameworks
