We have said that headline many times. And we're pleased to see the OECD saying it. We've had our beefs with them, and we will continue to do so, but we like the kind of talk coming out of their development centre. The head of their development centre in Paris has just said
"In 2008, the combined fiscal revenue in Africa reached over $400bn - 10 times the total amount of aid money flowing to the continent."
That ratio is just what we pointed to
yesterday, although the numbers themselves are looking at slightly different things.
"The international community could play a key role. Saying that African countries should rely more on themselves is not the same as saying they should be left to achieve this alone. Development partners could support an international tax dialogue to voice and address Africa's concerns on issues such as tax evasion, fiscal havens and abuses by multinationals."
Yup. And there's more