The G20 must take necessary steps to reform the international taxation system to stop wealthy tax dodgers, beginning at its Finance Ministers and Central Bank Governors meeting this weekend (22-23 Feb) in Sydney.
Progress by G20 Finance Ministers toward tackling the issue of multinational tax avoidance has been welcomed by Oxfam Australia Chief Executive Dr. Helen Szoke, though there is a need for more specifics on how and when low-income countries will benefit.
If G20 nations were hit as hard by corporate tax dodging as Africa, they’d have a $1.2 trillion hole in their budgets.
World leaders attending the G20 summit must seize this opportunity and make real progress on helping find a political solution to the Syria crisis.
With abnormally high food prices and slowing efforts to tackle global hunger, the Committee on World Food Security (CFS) must now energize governments to begin fixing the broken global food system, at its annual meeting in Rome from Oct 15 – 20.