Consolidating fiscal base

Harnessing available fiscal resources
Ensuring strong fiscal growth

Description

Consolidating the fiscal base involves strengthening and broadening a government’s revenue sources to ensure stable, sustainable public finances. This strategy focuses on improving tax collection, diversifying income streams, reducing dependency on volatile revenues, and curbing tax evasion. By securing reliable funding, it remedies fiscal deficits, supports essential public services, and enhances economic resilience, enabling governments to better address social needs and respond to economic shocks.