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Revenue Mobilization

REV-eh-nyoo moh-bih-lih-ZAY-shun

/ˈrɛvɪnjuː ˌmoʊbɪlɪˈzeɪʃən/

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Syllable breakdown

revenuemobilization

Dictionary meaning

Government efforts to increase the amount of tax and non-tax revenue collected relative to GDP, particularly in developing economies; includes tax policy reform, improved tax administration, reduced evasion, and broadening the tax base

Examples

  • The IMF estimates that developing countries could increase government revenue by 5% of GDP or more through better revenue mobilization.
  • Digital payment systems have become a key tool for revenue mobilization by reducing cash transactions that are harder to track and tax.

Synonyms: domestic resource mobilization, tax collection strengthening, fiscal capacity building

Pronunciation tips

Eight syllables; stress the first and seventh: REV- and -ZAY-

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