Strategy The Fiscal Component

Tax & NonTax

Recovery

Prioritisation

Management

Public Sector

Fiscal reform forms the core of the economic strategy and is a necessary condition for all the other reforms. For one, the funds for implementing the other areas of reform will be available only through fiscal restructuring. While fiscal reforms are essential for waste reduction and public dependency on the system, the thrust would mainly be on two areas: improving tax and non-tax collection and expenditure restructuring.