Developing countries could have less financial outflows than inflows
By Hicbd
Sun Jun 27 2021 12:42 pm
"Twice as much is leaking – or rather flooding – out than the combined inflows of aid, investment, charitable donations and migrant remittances...
Loss one: corporate tax dodging
Loss two: foreign investors making a killing
Loss three: lending to rich countries (yes, really)
Loss four: Paying interest on debts rather than receiving aid"
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