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> Economy

IMF indicates that State funds will not be able to raise money

While State funds hope to strengthen the tax collection mechanism, a new IMF report indicates that is unlikely

Newsroom March 1 04:20

According to Greek newspaper “Kathimerini” the IMF report stresses government’s reluctance on closing fraud “windows”, the delays of tax refunds, the tax services fears of criminal responsibility and the failure to achieve autonomy of the tax administration.

The report also indicates that despite constant remarks, the fraud “window” remains wide open and as a result money of illegal activities get justified, while the IMF believes that there is no will to change.

Furthermore, there are big delays on tax returns which according to the report the applications exceed by far the 2 billion.

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