Africa: Clamping Down On Tax Avoidance Will Be Fundamental to Fighting World Poverty in the 21st Century, Actionaid Tells the United Nations

24 September 2013
press release

ActionAid has calculated that an estimated $300 billion is lost every year by developing countries through a combination of corporate tax avoidance and tax deals. That is equivalent to twice the amount spent on aid last year.

The money lost could instead help fund vitally needed education, health and sanitation programmes in some of the world's poorest countries, a new ActionAid briefing paper - Post 2015: Business as Usual or Bending the Arc of History - has argued.The paper is being launched today in New York in advance of the meeting of the United Nations General Assembly.

...

AllAfrica publishes around 500 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.