OUR APPROACH TO
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FISCAL POLICY
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74%
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of low-income countries have tax-to-GDP ratios below 15%, a level associated with having enough resources to invest in human capital and infrastructure.
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US $2.8 billion
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World Bank’s commitments to help countries boost Domestic Resource Mobilization
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20 countries
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with tax revenues-to-GDP below 15% that have increased collection while improving fairness and equity with World Bank support in fiscal year 2025 alone.
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- results
Progress in Strengthening Frameworks for Building Tax Capacity
Progress in Strengthening Frameworks for Building Tax Capacity
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Bangladesh - Strengthening Governance and Institutional Resilience Project
Bangladesh - Strengthening Governance and Institutional Resilience Project
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Countries with tax revenues-to-GDP ratio at or below 15%
Countries with tax revenues-to-GDP ratio at or below 15%
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Research & Publications
More Research & Publications
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REPORT
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Hooked on Subsidies - The Case for Reform
This report, Hooked on Subsidies: The Case for Reform, examines how subsidies in emerging market and developing economies can either strengthen growth and resilience or entrench inefficiency and inequality. It provides evidence-based analysis and practical guidance to improve transparency, design, and implementation so that subsidies better support fiscal sustainability, productivity, poverty reduction, and job creation.
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REPORT
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Public Finance Reviews
Public Finance Reviews (PFRs) are a core World Bank tool for analyzing the efficiency and effectiveness of a country’s public expenditure and for strengthening budget institutions.
They also help countries build capacity to mobilize more domestic revenues in a way that enhances growth and equity. PFRs underpin World Bank engagements with governments and stakeholders and inform our lending.
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MORE ON
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FISCAL POLICY
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Global Tax Program
Global Tax Program
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DaTax: A Lab to Study Taxes, Firms and Jobs using Micro Data
DaTax: A Lab to Study Taxes, Firms and Jobs using Micro Data
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Platform for Collaboration on Tax
Platform for Collaboration on Tax
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Fiscal Policy and Growth
Poverty reduction, social equity, and sustainable growth are only possible with sound monetary and fiscal policies. The World Bank supports countries in the design and implementation of economic reforms to strengthen macroeconomic stability.