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10 October - Ministerial Meeting in Washington: LIC Countries Are Worried

Thursday, 17 October 2013 13:36

MinMeet13DFI pursued its support for the network of low income Francophone countries with the latest OIF ministerial meeting at the BWI Annual Meetings. A wide range of development financing issues was discussed – LIC representation in the G20, debt relief, sustainability and architecture - but the ministers' main concern was the potential risks to their tax revenues caused by G8 and G20 decisions. They therefore urged the G8, G20 and the OECD to permanently include LIC countries in the formal decision making process so that their needs are taken into account. With support from OIF and regional organisations, LIC countries are planning to undertake their own studies analysing the potential negative impact of other countries' tax policies on their revenues. DFI will report on these studies on this website. The next meeting is scheduled around the BWI Spring Meetings in April 2014.

 

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