International Monetary Fund / Fiscal Affairs Dept - 2016
jeopardize the integrity of public finances; it needs compensation from reliable sources of tax revenues. A closely connected … 4.5 percent of GDP in revenues in 2016 due to a legally mandated SSC rate reduction adopted in March 2015. The Ministry … space to forgo tax revenues. The shift of the tax burden away from labor (as recommended by previous FAD missions) cannot …