Combating illicit flows to increase traditional budgetary revenues

2011-02-14 17:24:18

Work conducted by the Task Force led by Norway and the Global Financial Integrity association was presented. Efforts to fight corruption and money laundering in tax havens need to be stepped up because illicit flows are reducing domestic financing capacities of developing countries. The OECD offered to share its experience to remedy the lack of knowledge and coordination of those working in this area.

Leading Group on Innovative Financing for Development