Question

Hello,good morning all
Please send me the short note on “The Impact of Revenue policies”
Maximum 5 points.... ​

Answer 1

Answer:

hi gud morning

Explanation:

KEY POINTS

• Improving budget transparency practices is particularly important to enable the adequate monitoring and

assessment of governments’ efforts to tackle poverty and inequality, and to understand the impact that

budgets have on different groups of people.

• Data from the Open Budget Survey 2017 show that most governments publish very limited information on

these topics. The information that is made available is often scattered and incomplete. Reporting back on

implementation and performance of relevant budget policies is weaker still.

• Examples of practices from better-performing countries, however, offer several interesting ways of presenting

detailed and useful information on budget policies aimed at benefitting the poor and other disadvantaged

groups, including women and children. Information on the impact of revenue policies is much harder to come

by, as are more comprehensive assessments of the distributional impacts of budget policies.

• The information that governments publish should include: (a) a contextual analysis of poverty and inequality;

(b) a summary of all policies aimed at reducing poverty and inequality; (c) a description of the objectives,

planned activities, expected outputs and targets for each policy; (d) past and future data; (e) assessments of

distributional impact; and (f) execution information using formats that allow for adequate tracking. Very few

governments, even among those that scored well on the relevant OBS 2017 questions, fulfill these

requirements.

• Detailed assessments on the impact of budget policies on poverty and equality should be promoted as well as

a more structured dialogue around the information that is necessary to enable these assessments.

• Governments willing to pursue reforms in this area will be better able to communicate and justify their policy

choices, encouraging a more productive dialogue with citizens and demonstrating how policies align with both

domestic objectives and international commitments, such as those included in the Sustainable Development goals

Answer 2

ᴀɴs-:

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