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Prime
Medium-term revenue plan paves the way for engaging policymakers
The planned tax reforms are aimed at achieving an ordinary revenue to GDP ratio of 25 percent by 2030 and promoting investment across various sectors by removing market distortions.
The government laid out its tax policy direction for the next three years in the medium-term revenue strategy (MTRS).
It provides both tax policy and administrative reforms that are aimed at increasing ordinary revenue collection. This is set to ensure that the ratio of ordinary revenue to GDP grows by five percent of GDP in the strategy period.
