IMF urges sub-Saharan African economies to broaden tax net
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Mobilize more tax revenue to drive local economies. That’s a recommendation from the International Monetary Fund to sub-Saharan African nations as they continue to face a financial squeeze in 2024.
Abebe Aemro Selassie, director of the African Department at the Bretton Wood institution, tells VOA that despite a good regional economic recovery, there’s still work ahead to achieve a robust recovery.
VOA’s Ignatius Annor sat down with Abebe at IMF headquarters here in Washington recently and first asked him about why sub-Saharan Africa is facing a financial squeeze.