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    Money Talks: Africa at the G7

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    Description:
    English media briefing
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    French media briefing
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    Author(s)
    Godfrey, Claire
    Publication date
    2015-06-02
    Subject
    Aid
    Economics
    Governance and citizenship
    Keywords
    Finance
    Business
    Ebola
    Economic empowerment
    Economic growth
    Inequality
    Investment
    Media
    Taxation
    World Bank and IMF
    G7
    Trade mispricing
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    Country
    Mozambique
    Niger
    Nigeria
    South Africa
    
    Metadata
    Show full item record
    Publisher(s)
    Oxfam International
    Document type
    Media briefing
    Description

    In 2010 alone, G7-based companies cheated Africa out of an estimated $US6bn through just one form of tax dodging - trade mispricing. Africa is growing economically, but billions of dollars a year are flowing out of the continent. This deprives governments of vital potential investments in healthcare and education for all, and sustainable agriculture.

    If G7 leaders are serious about supporting Africa's growth and poverty reduction, they must support ambitious commitments on tax and aid - including comprehensive reform of the global tax rules - leading up to the UN Financing for Development Conference in Addis Ababa in July.

    Pages
    18
    ISBN
    978-1-78077-869-3
    URI
    http://hdl.handle.net/10546/556016
    Additional Links
    https://policy-practice.oxfam.org.uk/publications/money-talks-africa-at-the-g7-556016
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