The World Bank and the International
Monetary Fund (IMF) have said they would establish an initiative to help
developing countries strengthen their tax systems ahead of the
Financing for Development conference scheduled in Ethiopia.
According to a recent joint statement
carried by their official websites, the two bodies vowed to deepen the
dialogue with developing countries on international tax issues with an
aim to help increase their weight.
They bodies also said they wanted their voices to be heard in the international debate on tax rules and cooperation.
The two international financial
institutions also planned to develop diagnostic tools to help member
countries evaluate and strengthen their tax policies.
During the gathering scheduled for
Monday to Thursday, Heads of State and multilateral institutions and
representatives from private sector would discuss how to scale up
financial strengths to meet the Sustainable Development Goals.
Chinese Finance Minister, Lou Jiwei, is expected to represent President Xi Jinping at the event.
(Xinhua/NAN)
No comments:
Post a Comment