TAX REVENUE AND INFRASTRUCTURE EXPECTATION GAP IN SELECTED SUB-SAHARAN AFRICAN COUNTRIES

Abstract

The adequate provision of infrastructure is seen as an agent of growth in countries all over the world. However, Sub-Saharan African countries are struggling with great developmental challenges attributable to infrastructural deficiencies. Governments increase budget yearly to ensure efficient transportation, telecommunication, energy and water infrastructures amongst others with a view to improving economic growth. Ironically, government spending on infrastructure in this region is seen to be a waste of scarce resources because the investment in the growth of these economies does not physically depict infrastructural development and hence creates a gap in the expectations of the stakeholders. The study found that tax revenue jointly had significant effect on the total infrastructural expectation gap in Sub-Sahara Africa (Adj.R2 = 0.51, W (4, 263) = 63.01, p < .05). The study concluded that tax revenue influenced infrastructural expectation gap in Sub-Saharan African countries. It was recommended that government of sub-Saharan African countries should prioritize stakeholders’ interest when making strategic decisions to reduce the infrastructural expectation gap in these countries