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Africa loses $88bn annually through illicit financial flows – Akufo-Addo

Summary by Ground News
President Nana Akufo-Addo has called for the use of tax policies, among others to check illicit financial flows out of the continent. The president said illicitfinancial flows cost Africa close to 100 billion dollars which denies the continent the needed resources to facilitate growth and development. He also urged African countries to take inter-trade seriously to enable the continent to resist future shocks.
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Ghana Guardian broke the news in Accra, Ghana on Monday, January 30, 2023.
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