Publication of a plan, in coordination with IMF technical assistance, to upgrade our current system of taxation to make it more growth-friendly, simpler, and more equitable. The tax reform will be aimed at improving revenue mobilization, increasing efficiency, simplicity, and equity, shifting from direct to indirect taxes, and reducing exemptions and preferential treatment. This reform will target an increase in revenues of 1½ to 2 percent of GDP by 2021.
At combined R2&R3 modified to become PA #4 for combined R2&R3.