ABSTRACT

This chapter looks at the options governments have in order to enhance domestic resource mobilization. It focuses on fiscal consolidation measures centered on cutting losses, and minimizing inefficiencies, in public sector management as a way to raise more resources for the country. The chapter considers the role regional bodies can play in helping governments realize their domestic resource mobilization goals. Maldives can be seen as a good case where domestic resources through tax policy and administration measures have been substantially enhanced. Widening the tax net has been an important measure that governments have been trying as a way to generate greater amounts of domestic resources. Resource mobilization from reforms in State-Owned Enterprises (SOEs) is very much a policy agenda in all jurisdictions; in many countries, such as India, there are targets for revenues from disinvestment in SOEs. One method of raising more resources for investment is contained in the move to make public investment more efficient.