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Finance

LRA hosts ATAF capacity building forum

Partial view representatives of 26 African countries n Liberia attending a three-day Capacity Building Workshop of July 26-28 in Monrovia Representatives of 26 African countries are in Liberia attending a three-day Capacity Building Workshop for the third edition of the African Tax Administration Forum (ATAF) Tax Outlook Publication.


According to a press release, the three-day workshop, being hosted by the Liberia Revenue Authority (LRA) is highlighting means of improving cross-country comparison and benchmarking comparable data on tax policies and tax administration and related legislations, among others.

The gathering seeks to provide analysis of tax data trends and identify good practices as well as understanding of the Tax Outlook Publication data collection processes. Addressing the opening session on Wednesday, LRA Commissioner General Elfrieda Stewart Tamba describes the workshop as a critical milestone of the African journey in providing high quality and reliable statistical data on tax administration covering the continent.

She praises ATAF for spearheading such initiative, noting that it will further enhance the collection and compilation of accurate tax data in Africa. The LRA boss also points out that the hosting of the workshop in Liberia demonstrates the importance of statistics in tax administrations and the vital role it plays in informing public policy decision.

She urges participants to dedicate their attentions in acquiring the requisite skills with the aim to improve the level of revenue collection across the Africa region. For her part, the Director of Research of ATAF, Dr. Nara Monkam, indicates that the training is aimed at enhancing revenue administration in the region through knowledge and experience sharing and comparison analysis.

She notes that the event is also a means of preparing for the third African Outlook Publication, which highlights factual and evidence-based statistics on all tax related matters on the African continent. The workshop will climax with the tour of the LRA Headquarters on Friday, January 28, in Paynesville. Press Release

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