Initiative to boost domestic revenues

The Organisation for Economic Co-operation and Development (OECD) and the United Nations Development Programme (UNDP) have launched a new initiative to help developing countries boost domestic revenues through strengthening their tax audit capacities.

The Tax Inspectors Without Borders (TIWB) project was welcomed by business, civil society, as well as developing countries attending the Third International Conference on Financing for Development in Addis Ababa, Ethiopia.

OECD said in a statement, the initiative will help countries to mobilise much-needed domestic revenues in support of the post-2015 sustainable development agenda.

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