Tax avoidance loopholes for EU-based multinationals introduced by the World Bank and the International Monetary Fund (IMF) are said to be costing African countries double the amount they receive in foreign aid.
“It is killing us, you cannot now explain poverty in Africa without this and this is the story that has been supressed for so long,” Zitto Kabwe, an MP who is also chairman of the public accounts committee in Tanzania, told this website on Wednesday (30 October)
He said Tan...
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