These are my links for August 27th:
- Tax Justice Network: In Africa, pay more attention to tax - IMF - "The average tax-to-GDP ratio in sub-Saharan Africa increased from less than 15 percent of GDP in 1980 to more than 18 percent in 2005. But virtually the entire increase in tax revenue in the region came from natural resource taxes, such as income from production sharing, royalties, and corporate income tax on oil and mining companies. Nonresource-related revenue increased by less than 1 percent of GDP over 25 years. . . . a growing share of current spending is financed by aid."
But at least the IMF are noticing it is time to change that. Read the whole thing. It's important.
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