This document discusses strategies for strengthening domestic resource mobilization and leveraging public expenditures in Ghana to finance development goals. It notes that 50-80% of resources needed to achieve the UN Sustainable Development Goals must come from domestic sources. Key points include: increasing Ghana's tax-to-GDP ratio through improved tax policies and administration; leveraging technology to reduce illicit financial flows; controlling public expenditures by prioritizing effective allocation of resources and reducing inefficiencies from issues like limited capacity, special interests, and corruption. The realization of development goals requires not just funding but also global changes in mindsets, approaches, and accountability.

1. Strengthening Domestic Resource Mobilization
and Leveraging Public Expenditures in
Ghana- West Africa.
was
adopted in
the year
2000 -2015

2. Performance of the MDGs

3. In the
September
2015
Comprising 17
Objectives and 169
targets to be
achieved between
2016-2030

4. 1. Overcoming poverty
Infact SGD's just seems ambitious, complex and seems
unattainable.
The SDGs are of dual challenge
2. Protecting the planet

5. 1. WHY does it seems
unattainable ?
2.How can we finance?
3.Can we even value it
in monetary terms?

6. becausebecause!!!!!!!!!!,,
More financial resources are
available globally, but
channeling them to support the
SDGs is the only challenge.

7. These are the Sources of
Public and Private Finance
1. Official Development Finance (ODA)
2. Migrant Remittances
3. Foreign Direct Invest (FDI)
4. Private Philantrophy
5. Domestic resource mobilization (DRM)

8. BUT NOTE!!!!
• The realization of the SDGs will require more than money.
• But needs a global change of
> mindsets
> approaches and
> accountabilities
Source:http://www.un.org/esa/ffd/wpcontent/uploads/2015/03/1ds-zero-draft-outcome.pdf .

9. Domestic resource mobilization (DRM) has
increasingly become a key source for funding
national development plans. Reflecting positive
global growth trends, DRM of emerging and
developing economies amounted to US$ 7.7
trillion in 2012.
That is, developing country treasuries now receive
over US$ 6 trillion more each year than in 2000,
Source“Financing for Development Post-2015,” World Bank, 2013

10. ODA to Ghana is declining!!!

11. Because 50% to 80 % of resources needed to finance the SDGs will have
to come from countries’ own domestic resources.
source: United Nations Report on MDGs
***Therefore we have to Strengthen
Domestic Resource Mobilization (DRM) and
Leverage Public Expenditures in Ghana.
**
• DRM includes Tax and Non-Tax Revenues

12. Tax to GDP Ratio in Developing Countries
**Tax to GDP Ratio in Developing Countries is about
17% and in OECD Countries is about 35%, this tells the
opportunity of Developing countries to access more of tax
revenues.

13. • Tax policies and smart tax
administration efforts.
• Use of Technology to reduce illicit
financial flows
• Strengthen the capacity of tax
agencies to implement tax policies.
How to Mobilize Tax
Revenues Efficiently in Ghana.

14. Controlling Public Expenditure
in Ghana
****Public Expenditure is all about
1. Doing the right things and
2. Doing them well
and it is in both in Allocative aspect and
technical aspect.

15. 3 Major Contributors to the
Inefficiencies in Public Expenditure

16. 1. Capacity

17. 2. Capture

18. 3. Corruption

19. Conclusion
* Ghana's Development process is seen
to be possible if built on the principles of
Shared responsibility
and
Shared Solidarity
THE END