PBO report highlights short-term recessionary impact and tax-centric austerity of 2017 draft budget

EconomyMacroeconomy Tags: Budget, PBO, Revenues, Taxes

The Parliamentary Budget Office (PBO) published an interim report on Wednesday evening commenting on the 2017 draft budget tabled by the Finance Ministry on October 4.

In PBO view, the key political and economic priorities involve improvement in the tax collection mechanism and tackling shadow economy in the context of the existing tax framework.

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