Pan African Parliament Rages Over Dirty Money Exodus

PAP leader Chief Fortune Charumbira speaks out against money leaving Africa through illegal channels. At a tax meeting in Lusaka, he discussed problems blocking the Africa Agenda 2063 goals. The continent needs to stop these money flows to reach its growth targets. Parliament groups play a key role in fixing this issue.

Charumbira said both African plans and world agreements like the Addis Ababa Action Plan call for cutting off these money leaks. He wants all countries to work together with clear rules to stop tax dodging. The PAP serves as the voice of the African people facing growth challenges. Their money committee created a model tax agreement for African nations to use.

Countries can build better tax systems with this model or improve current ones. Between 1970 and 2008, Africa lost about $1.8 trillion through illegal money flows. This problem continues today, as money leaves the continent legally but harmfully.
 

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