Property taxation: The missing link in domestic revenue mobilization in post-IMF Ghana
Ghana is looking to property taxation as a vital tool for domestic revenue mobilization to reduce fiscal deficits. Systemic issues like outdated databases and weak local enforcement currently hinder the effectiveness of this tax base.
Why it matters
Improving tax collection is essential for Ghana's long-term economic stability and independence from international bailouts.
Property taxation is widely viewed as the most critical untapped avenue for sustainable domestic revenue mobilization in post-IMF Ghana. Despite the recent identification of over 10 million ratable properties, property rates have historically underperformed. Expanding this revenue base is vital to reducing the country s fiscal deficits and avoiding future external bailouts.
Economic analysis focused on fiscal policy and administrative challenges.
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