The Revenues and Customs Authority of Ethiopia has submitted a shortlist of six companies to conduct a national revenues 
potential study to the World Bank.
The firm selected to conduct the job will be required to measure the revenue productivity of each tax and discover discrepancies between potential revenue and the revenue being actually collected.
The study will reveal strength’s and weakness on the part of ERCA in its efforts to raise domestic revenue according to an official with the authority.
The authority received a 11 million birr grant from the Public Sector Capacity Building Program of the World Bank. The program is designed to support capacity building efforts and institutional reform initiatives as well as help the government enhance its ability to collect domestic revenues.16 companies, both domestic and international, responded to authority’s invitation with six making the final list. The final six are the Ethiopian office of Ernst and Young (UK), Kenyan office of KPMG, Indian branch of Deloitte, US office of Mckinzy and Co., DC and VNG Partners and the UK office of Adam Smith International.
The six companies were selected for higher then 70% scores in the assessment carried out on their technical proposals, including track record and the their capacity in terms of the professional staff to carry out the study.
The project is of great significance to the Ethiopian government according to a Senior official who opted to remain anonymous.
Source: Addis Fortune
