Public finance is not a typical frontline crisis management function. Yet in recent months, revenue management has been critical to the public sector response to the coronavirus pandemic. As governments provide their citizens with immediate economic support, public finance officials have accepted expanded responsibilities such as administering relief programs and adapting tax measures to protect vulnerable groups.
The Prosperity Collaborative’s inaugural online event shared strategies that can help tax bureaus manage the crisis and serve their constituents. Our first online panel will focus on how tax administrations can remain resilient and responsive to new demands during the pandemic. Our second online panel explores how innovative technology can help leaders in public finance build stronger, more effective institutions.
This event was hosted by the Prosperity Collaborative, a coalition of the World Bank, MIT, EY, the Digital Impact and Governance Initiative at New America, and the Boston Global Forum Michael Dukakis Institute for Leadership and Innovation. We bring together a diverse set of leading organizations from the public sector, private sector, academia, and civil society to develop new open source technologies and digital public goods that will transform tax systems and enhance local capacity with an initial focus on emerging economies.