Title : Africa Is Losing $89 Billion Per Year Through Tax Evasion And Theft
link : Africa Is Losing $89 Billion Per Year Through Tax Evasion And Theft
Africa Is Losing $89 Billion Per Year Through Tax Evasion And Theft
Reuters: Illegal money flows from Africa near $90 billion, U.N. study says
GENEVA (Reuters) - Africa is losing nearly $89 billion a year in illicit financial flows such as tax evasion and theft, amounting to more than it receives in development aid, a U.N. study showed on Monday.
The estimate, in the United Nations Conference on Trade and Development’s (UNCTAD) 248-page report, is its most comprehensive to date for Africa. It shows an increasing trend over time and is higher than most previous estimates.
The report calls Africa a “net creditor to the world,” echoing economists’ observations that the aid-reliant continent is actually a net exporter of capital because of these trends.
Read more ....
WNU Editor: Only $89 billion. For one year that is a small amount. But over 15 years we are talking big money .... Africa’s ‘lost $836bn through illegal transfers’.
More News On Africa Losing $89 Billion Per Year Through Tax Evasion And Theft
Africa could gain $89 billion annually by curbing illicit financial flows -- UN Trade and Development
Illicit capital robbing Africa and its people of their future: UN trade and development chief -- UN News
Illicit money flows from Africa near $89bn, UN study says -- Al Jazeera
Thus articles Africa Is Losing $89 Billion Per Year Through Tax Evasion And Theft
that is all articles Africa Is Losing $89 Billion Per Year Through Tax Evasion And Theft This time, hopefully can provide benefits to all of you. Okay, see you in another article posting.
You now read the article Africa Is Losing $89 Billion Per Year Through Tax Evasion And Theft with the link address https://usainnew.blogspot.com/2020/09/africa-is-losing-89-billion-per-year.html
0 Response to "Africa Is Losing $89 Billion Per Year Through Tax Evasion And Theft"
Post a Comment