African ministers of finance, planning and economic development underscored in Marrakech the need for diversifying public revenue with a view to promoting public investments in the social and economic areas. This year’s theme recognized the need to improve domestic resource mobilization on the continent and increase competitiveness leveraging on the strength of digital technology. The African ministers called for bolstering funding of the private sector to complement state finances in order to meet sustainable development goals or SDGs. However, countries of the continent have to improve access to the internet as well as their cybersecurity. For the ministers, improving tax revenues also requires the facilitation of collection as well as administration efficiency.

Source: The North Africa Journal March 26, 2019 21:45 UTC