Meeting to discuss measures needed to tackle illicit financial flows in Africa

A side event to help African ministers, lawmakers and others to deepen their understanding of the measures required to tackle illicit financial flows from Africa and priority policies, including laws relating to the effective management of the continent’s natural resources for the benefit of its people, will be held on the sidelines of the 2018 Conference of Ministers in Addis Ababa. The meeting, which will be held on Sunday 13 May, 2018, at the United Nations Conference Centre starting from 4pm, will highlight critical tax policy and Africa’s revenue mobilization concerns and also discuss key messages from a study on the global governance architecture for tackling illicit financial flows and an Economic Commission for Africa (ECA) study on base erosion and profit shifting from an African perspective. The side event will focus on identifying obstacles such as lack of transparency, weak legal and regulatory frameworks and a lack of institutional responsiveness and coordinated action to efforts made by Governments to mitigate the impact of illicit financial flows on domestic resource mobilization.

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Bibliographic Details
Format: Press release biblioteca
Language:eng
Published: 2018-05
Online Access:https://hdl.handle.net/10855/45459
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