Business 6 April 2026 Daily Monitor (Uganda)
AfDB Launches 5-Pillar Strategy to Enhance Africa's Domestic Revenue
The African Development Bank has introduced a comprehensive five-pillar plan aimed at increasing domestic revenue across Africa through targeted quick wins and long-term reforms. Key actions include broadening taxpayer registration and improving tax collection efficiency. Source: https://www.monitor.co.ug/uganda/news/national/afdb-unveils-5-pillar-plan-to-boost-africa-s-domestic-revenue-5415074
The African Development Bank (AfDB) has rolled out a strategic five-pillar framework to strengthen domestic revenue generation in African nations.
This initiative prioritizes immediate gains like expanding taxpayer bases and streamlining collection processes to deliver fast results.
The plan also addresses structural challenges, promoting sustainable fiscal policies and better resource mobilization for economic growth.
AfDB emphasizes that these measures will reduce reliance on external aid and foster self-sufficient development.
Source: Daily Monitor (Uganda)