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    Home»Business»World Bank, 2 others announce GovTech Innovation Challenge
    Business

    World Bank, 2 others announce GovTech Innovation Challenge

    ZamZam UpdateBy ZamZam UpdateAugust 21, 2025No Comments2 Mins Read
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    World Financial institution on glass constructing. Mirrored sky and metropolis fashionable facade. World capital, enterprise, finance, financial system, banking and cash idea 3D rendering animation.


    The World Financial institution, Swiss State Secretariat for Financial Affairs (SECO), and Belief Valley has introduced the opening of purposes for the GovTech Innovation Problem, a pilot programme that connects expertise corporations with authorities companions to handle public sector challenges by means of digital transformation.

    It’s due to this fact inviting startups and small and medium-sized enterprises (SMEs) worldwide to submit proposals that deal with tax administration challenges confronted by the Ghana Income Authority, with a selected concentrate on casual sector earnings tax identification and e-commerce VAT identification and registration. 

    The GovTech Innovation Problem offers a safe and sensible area to check new expertise options for the general public sector.

    It goals to speed up expertise adoption in authorities providers, bettering effectivity, transparency and responsiveness to residents by collaborating with the personal sector and innovation corporations.

     Innovation corporations are invited to submit proposals for 2 key challenges: Casual Sector Revenue Tax Identification and Registration, and E-commerce VAT Identification and Compliance.

    These initiatives goal to boost tax administration effectivity and could possibly be replicated in different growing economies. 

    Three high corporations shall be chosen from this name for proposals to work straight with the Ghana Income Authority on growing their concepts into useful Proofs of Idea. The chosen groups will attend a 4-day bootcamp in Switzerland’s Belief Valley ecosystem, obtain skilled mentorship, and take part in technical consultations.

    The programme will conclude with a closing ceremony on December 2, 2025, in Geneva, the place options and programme’s outcomes shall be offered.

    DISCLAIMER: The Views, Feedback, Opinions, Contributions and Statements made by Readers and Contributors on this platform don’t essentially signify the views or coverage of Multimedia Group Restricted.

    DISCLAIMER: The Views, Feedback, Opinions, Contributions and Statements made by Readers and Contributors on this platform don’t essentially signify the views or coverage of Multimedia Group Restricted.



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