‘$88bn lost in illicit financial flows’
Published On September 28, 2022 » 554 Views» By Times Reporter » Business, Stories
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By MAIMBOLWA MULIKELELA-
AFRICAN countries, including Zambia are currently losing over US$88 billion annually through illicit financial flows (IFFs), a trend which can be curbed by sealing domestic tax loopholes that facilitate aggressive tax avoidance and evasion.

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