NAIROBI, Kenya, Nov 23 – The Kenya Revenue Authority (KRA) Commissioner-General Githii Mburu’s term as the Chair of the Africa Initiative, an institution of the OECD Global Forum on Transparency and Exchange of Information for Tax Purposes, has been extended for a further one-year term.
The Commissioner General’s term was extended during a virtual meeting where over 101 delegates, including representatives from 26 African countries and six Africa Initiative donors and partners, came together for the 10th meeting of the Africa Initiative1 held by video conference.
The delegates welcomed Algeria who joined the Global Forum in September 2021, becoming the 33rd Africa Initiative member.
The delegates also welcomed the attendance and support of the partners and donors of the Africa Initiative.
During the meeting, the delegates were updated on the progress made under the leadership of the Chair and Vice-Chair, in realizing the 2021 Africa Initiative Action Plan to advance the two strategic pillars of the Initiative.
Among the progress made include; raising political awareness and commitment in Africa, developing capacities in African countries in transparency and Exchange of Information (EOI)
Under the first strategic pillar, the delegates welcomed the Africa Initiative’s contribution in raising political awareness and commitment in Africa to using transparency and EOI to combat illicit financial flows (IFFs).
The delegates welcomed Rwanda as the 32nd signatory of the Yaoundé Declaration, which sends out a strong signal of the growing commitment of African countries to the Initiative’s objective.
The delegates encouraged the remaining African countries to increase political attention on the problem of Illicit Financial Flows (IFFs) and the key role that tax transparency and EOI can play to increase domestic resources available for meeting the Sustainable Development Goals and the African Union Agenda 2063 by joining the Yaoundé Declaration.
