Tax Justice Network Africa’s Post

Senegal 🇸🇳 has defended the high-level commitments of the #UNTaxConvention noting that they reflect the principles and objectives of the Ad Hoc Committee’s mandate to ensure that the terms of reference address issues of equitable representation, transparency, inclusion and effective taxation. Read more 👉 tjna.me/4d1aQiF #TaxJusticeAfrica Like, comment, share

Our policy note for August 2024 finds the nexus between the cost-of-living crisis and fiscal reforms in developing countries in sub-Saharan Africa, focusing on Nigeria and Kenya, where the introduction of implicit and explicit tax burdens led to citizens’ protests and youth activism. It highlights a crisis of trust and the need for greater engagement in the design of fiscal policies and tax reforms. This is crucial where tax bases are shrinking and spending pressures are rising. #NGF #pfm #publicfinance

🔴 ESPECIAL GOVERNAÇÃO ECONÓMICA – The Role of Non-State Actors in Advancing the Tax Justice Agenda and Combating Illicit Financial Flows in Africa: Lessons from the ‘Stop the Bleeding’ Campaign 🗓️Data: 27 September 2024 🕒Time: 13h00 - 14h00 This program is organized within the framework of the ‘Scaling Up Tax Justice’ project, implemented by CDD in partnership with the Tax Justice Network Africa, with a focus on accelerating the pace of reforms to combat illicit financial flows and mobilizing domestic resources on the African continent.

The Commission has published the 2024 enlargement reports assessing the progress of countries seeking EU membership, including Georgia, Moldova, Türkiye, Ukraine, and the Western Balkans. The reports emphasize the need for these countries to accelerate structural reforms to achieve sustainable growth and meet EU economic criteria. The enlargement process is merit-based, requiring irreversible reforms in EU law. The EU supports these countries through financial instruments, including the €6 billion Reform and Growth Facility for the Western Balkans and the €50 billion Ukraine Facility, to facilitate socio-economic reforms ahead of accession. https://lnkd.in/dVSRuG43

🎥 What if there was a way to use administrative tax data to solve various economic challenges in South Africa? Discover how our work at #SATIED is shaping economic research and contributing to policy reforms➡️ https://go.unu.edu/5Ye1q #OneUNFinland #StrongerTogether #SATIED #UNDay

Over the past decades, the Republic of Armenia has implemented significant reforms to reduce the state footprint in their economy and to improve the performance of the State Owned Enterprises (SOEs) where the Government intends to retain ownership. The Government has taken concrete steps focusing on improving the financial transparency and fiscal viability of SOEs. A newly published IMF Technical Assistance Report discusses how the Government can further strengthen the SOE financial accountability, transparency and oversight, and SOEs corporate governance in line with good international practices. These measures should be combined with further efforts in reducing the number of SOEs, focusing on those that do not align with the Government strategic priorities and the state ownership policy https://lnkd.in/eWvw29Kh Nino Tchelishvili Natalie Manuilova Andriy Boytsun European Commission Michelle Stone Carolina Renteria

TJNA’s Executive Director, Chenai C. Mukumba, has called on the United Nations member states to prioritise tax-related illicit financial flows in the #UNTaxConvention negotiations and process.     Addressing member states at the second round of negotiations of the Terms of Reference for a UN Tax Convention in New York, Chenai noted that addressing tax-related illicit financial flows remains key to African countries and falls within the UN's mandate through the Sustainable Development Goals targets.    Read more https://tjna.me/3M3saYn    #TaxJusticeAfrica  #AfricaAgainstIFFs 

Ukraine may lose out on EU funds if reforms are not fulfilled. The €50B EU Ukraine Facility program will contain about 140 indicator conditions. The main areas of reforms in the program will be state administration, state finances, the justice system, and the fight against corruption. Economic reforms must be carried out in almost all spheres, particularly energy, transport, agriculture, IT, and digitalization. It is already known that if an indicator is not fulfilled on time, the next tranche will be reduced by a corresponding amount. For example, to receive the next tranche of €600M, Ukraine will need to fulfill three indicators by a specific deadline, and if one of the deadlines is missed, ’then the amount of money will be reduced proportionally – by a third to €400M. To receive the remaining €200M, the overdue indicator must be fulfilled within a year at the latest. Otherwise, the money will be lost. https://lnkd.in/dxUUTSHJ

Extraconstitutional extensions of power have shaped the contours of Africa’s governance landscape in recent years. Leaders of 14 African countries have held onto power for more than two terms after evading term limits. This continues a pattern of term limit evasion observed since 2015 Another eight African countries have endured military coups that suspended or disrupted their constitutions since 2015. In none of these cases have the military authorities demonstrated a commitment to relinquishing power, thereby effectively eliminating term limit provisions that had been in place. Upholding term limits has direct effects on leaders’ and regimes’ longevity in power. The average time in office for the 18 leaders in countries that uphold term limits is 5 years. For the 14 leaders who have evaded term limits, the median time in office is 16 years. Term limit evasions are also directly linked to the surge of coups observed in Africa. Five of the eight countries that have suffered coups since 2015 had leaders who evaded term limits—Chad, Gabon, Guinea, Sudan, and Zimbabwe. The median time in office for those deposed leaders was 30 years. This highlights that extraconstitutional actions of one type (i.e., term limit evasions) beget extraconstitutional actions of another (i.e., seizures of power via military coups). https://lnkd.in/eS_JVrAc

Africa has consistently struggled to mobilize domestic revenues, a situation further compounded by revenue losses through a variety of channels including illicit financial flows.     Our MPs’ Toolkit provides African legislators with resources essential to their legislative roles and serves as a foundation for building tax justice champions across various parliaments around the continent.    Read more 👉 tjna.me/IFFtoolkitforMPs    #TaxJusticeAfrica #AfricaAgainstIFFs       Like, comment, share