Ways to tackle illicit financial flows, strengthen Tanzania’s budget

A section of tax and budget stakeholders attend a recent breakfast debate organised by the Policy Forum, themed Illicit Financial Flows: A Burden on Tanzania’s National Budget. During the event, the Tax Working Group (TWG) presented bold measures to curb illicit financial flows in Tanzania. PHOTO | LOUIS KOLUMBIA

What you need to know:

  • These include strengthening legal frameworks, improving agency coordination and increasing transparency.