TUNIS, June 27 (NNN-XINHUA) — Tunisia loses over 1.2 billion U.S. dollars annually due to illicit financial activities such as tax evasion, organized crimes, terrorism, and so on, Foreign Minister Nabil Ammar said.
Ammar made the remarks at the Pan-African Conference on Illicit Financial Flows in Tunis, which opened in the Tunisian capital on Wednesday under the theme of “Africa’s Tax Agenda in Combatting Illicit Financial Flows,” according to local newspaper Alchourouk.
He highlighted the need for a strategy to address the issue, calling it a “scourge” depriving African nations of vital resources.
The two-day event brings together government officials and international experts to discuss the causes and impacts of illicit financial flows, and explore ways for enhanced international cooperation to combat them. — NNN-XINHUA
