The Need to Reduce Tariffs

Cyril Enweze has stated that:

To enhance trade among African countries, Mr. Enweze said, the ADB, together with the World Bank and IMF, advocates tariff reductions on imports. But many countries have been reluctant to do this because external trade tariffs are important sources of government revenue. To reduce such dependence, Mr. Enweze recommends that countries "begin a very important process of diversifying the tax base, to see what can be done with various types of taxes -- income tax, sales tax and value-added tax."