The Better Than Cash Alliance is a partnership of governments, companies, and international organizations that accelerates the transition from cash to digital payments in order to help achieve the Sustainable Development Goals.
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On average government revenues on the continent account for 21.4 per cent of fiscal policy spending but could digitisation of tax systems help widen this base? Rwanda is one country that has digitised collection of revenues and CNBC Africa spoke to the Minister of State in charge of the National Treasury, Richard Tusabe for more.
Rwanda’s impressive economic and social record in recent decades has become one of the success stories of modern African development.
Over the past two decades, Indonesia has been working to modernize its tax system through a wide range of digitalization initiatives.
Mexico has been among the forerunners in tax digitalization, starting in the 1980s when it piloted digital Point of Sale (PoS) registration and invoicing.
This report presents a powerful new demonstration of how digital payments can transform millions of lives for the better.
Digital payments enable inclusive growth and advance the Sustainable Development Goals, through cost savings, increased transparency, financial inclusion and greater women’s economic participation.
This Brookings policy paper, by Prof. Njuguna Ndung'u, argues that instead of increasing the tax base, taxation on mobile phone transactions may end up reversing the adoption of digital payments in Kenya. It says these lessons are also relevant for other African countries considering similar taxes.
Interview with Gustavo Vega, President of the clearing house ACH Colombia
IMF managing director Christine Lagarde is to be applauded for her recent leadership in the fight against corruption, and her recognition that there is an increasingly limited role for cash in digital economies.
Nigeria's micro-entrepreneurs will be willing to shift to e-filing of taxes if it: 1) enhances their ability to file taxes; 2) Is easy to use; 3) Is adopted by family and peers. Trust in technology was found to be an insignificant predictor. Read the Gates and UKAid funded working paper here.
Transportation Series: Blog 1 (Introduction)
Transportation Series: Blog 2
Transportation Series: Blog 3
Media release by the Government of Senegal, the Better Than Cash Alliance and MM4P
Communiqué de presse du Gouvernement du Sénégal, l’Alliance Better Than Cash et MM4P
By Alfred Akibo-Betts and Tenzin Keyzom Massally
By Oswell Kahonde and Angela Corbalan
By Oswell Kahonde and Juan Blanco