Agenda 2063 - Second Ten-Year Implementation Plan - Overview

SO1.3: Continental Financial Institutions

Establish and make functional Continental Financial and Monetary Institutions

Aspiration 2. An Integrated Continent, Politically   Moonshot 2: Africa is more Integrated and Connecte  
3: Establish and make functional Continental Financial and Monetary Institutions

  • Target 1.3.1: All Member States have a growing domestic capital market able to attract the private sector

  • Target 1.3.2: All 4 AU financial institutions are operationalised

    • Indicator 23: Number of financial and monetary institutions and mechanisms established

  • Target 1.3.3: Tax-to-GDP ratio increased by 30% and Illicit Financial Flows (IFF) are reduced to at most 1% of GDP annually

    • Indicator 90: Share of internal Revenue to GDP

    • Indicator 91: Percentage of illicit financial flows as compared to GDP

Goals

  • Goal 8: Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all.
    Weak  
  • Goal 10: Reduce inequality within and among countries.
    Strong  

Targets

  • Target 8.10: Strengthen the capacity of domestic financial institutions to encourage and expand access to banking, insurance and financial services for all.
    Weak  
  • Target 10.5: Improve the regulation and monitoring of global financial markets and institutions and strengthen the implementation of such regulations.
    Weak  
  • Target 16.4: By 2030, significantly reduce illicit financial and arms flows, strengthen the recovery and return of stolen assets and combat all forms of organized crime.
    Strong   International  
  • Target 16.5: Substantially reduce corruption and bribery in all their forms.
    Strong   Governmental  
  • Target 17.1: Strengthen domestic resource mobilization, including through international support to developing countries, to improve domestic capacity for tax and other revenue collection.
    Strong   International  

Indicators

  • Indicator 10.5.1: Financial Soundness Indicators.
    Weak   Economic  

Goals

  • Goal 6: Mobilizing international solidarity, reinvigorated global partnerships and innovative tools and instruments: a march towards sustainable graduation.
    Weak   Support for do   International   Foreign direct   Debt sustainab   Remittances   Extension of i   Availability a   Implementation  

Targets

  • Target 3.05.01: Create an enabling environment for private sector development, supporting its further alignment with the Sustainable Development Goals..
    Weak  
  • Target 6.01.01: Increase tax revenue as a proportion of GDP to at least 15 per cent in all least developed countries to enable them to become self-sustainable..
    Strong  
  • Target 6.01.03: Enhance intergovernmental coordination to prevent illicit financial flows..
    Strong  

Indicators

  • Indicator 1.09.03.01: Total value of inward and outward illicit financial flows (in current United States dollars).
    Weak  
  • Indicator 6.01.01.01: Total government revenue as a proportion of GDP, by source.
    Strong  

Goals

  • Goal 5: Means of implementation.
    Strong  

Targets

  • Target 1.02.05: Expand support for policy formulation and international tax cooperation in landlocked developing countries..
    Strong  
  • Target 5.01.01: Progressively increase tax revenue as a proportion of gross domestic product in all landlocked developing countries as appropriate..
    Strong  
  • Target 5.01.02: Enhance international cooperation for the recovery of stolen assets and their return to their countries of origin, in accordance with the United Nations Convention against Corruption and other applicable instruments..
    Strong  
  • Target 5.01.03: Enhance intergovernmental coordination to prevent and combat illicit financial flows..
    Strong  
  • Target 5.03.02: Mobilize all existing investment promotion platforms to support the attraction of investments to landlocked developing countries, including through peer learning and capacity-building among investment promotion agencies, investment policy reviews, and engagement with Tax Inspectors without Borders to ensure fair and transparent revenue collection..
    Strong  

Indicators

  • No alignments!