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Accelerating responsible digital payments for COVID-19 relief
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Accelerating responsible digital payments for COVID-19 relief
The devastating social and economic impacts of COVID-19 have heightened the need for proven solutions to keep the Sustainable Development Goals within reach
Digitising tax could raise $300bn annually for developing counties, says report
$300 billion opportunity for the SDGs!
New Alliance report “Success Factors in Tax Digitalization” is another powerful demonstration of how digital payments can positively impact millions of lives.
Near-term impact of India’s demonetization
New Harvard University paper looks at the impact of demonetization on the Indian economy. It finds that, in the near-term, the event led to “temporary reductions in employment, output, and credit.” But “there may be potential longer-term benefits” in several areas, including tax collection.
Lessons on taxing mobile money transactions
This Brookings policy paper, by Prof. Njuguna Ndung'u, argues that instead of increasing the tax base, taxation on mobile phone transactions may end up reversing the adoption of digital payments in Kenya. It says these lessons are also relevant for other African countries considering similar taxes.
