Agenda 2063 - Second Ten-Year Implementation Plan - Overview

SO7.2: Financing Africa’s Development

Enhance Africa's capacity for financing her development

Aspiration 7. An Africa as A Strong, United, Resil   Moonshot 7: Africa is a strong and an influential  
22: Enhance Africa's capacity for financing her development

  • Target 7.2.1: At least 75% of the programme budget and 25% of the Peace Support Operations cost is funded by AU Member States

    • Indicator 88: Percentage of AU programme budget funded by Member States

    • Indicator 89: Percentage of the peacekeeping budget that is funded by AU Member States

    • Indicator 92: Debt service as a proportion of GDP

  • Target 7.2.2: No country is in debt crisis.

    • Indicator 90: Share of internal Revenue to GDP

  • Target 7.2.3: Tax-to-GDP ratio is increased by 30%

  • Target 7.2.4: Illicit financial flows (IFFs) are reduced to at most 1% of GDP annually

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

Goals

  • Goal 16: Promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable and inclusive institutions at all levels.
    Weak  
  • Goal 17: Strengthen the means of implementation and revitalize the Global Partnership for Sustainable Development.
    Strong  

Targets

  • Target 17.4: Assist developing countries in attaining long-term debt sustainability through coordinated policies aimed at fostering debt financing, debt relief and debt restructuring, as appropriate, and address the external debt of highly indebted poor countries to reduce debt distress.
    Weak   Economic   International  

Indicators

  • Indicator 7.a.1: International financial flows to developing countries in support of clean energy research and development and renewable energy production, including in hybrid systems.
    Weak   Economic   Social  
  • Indicator 16.4.1: Total value of inward and outward illicit financial flows (in current United States dollars).
    Strong   Economic  
  • Indicator 17.1.1: Total government revenue as a proportion of GDP, by source.
    Strong   Governmental  
  • Indicator 17.4.1: Debt service as a proportion of exports of goods and services.
    Strong   Economic  

Goals

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

Targets

  • 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  
  • Target 6.04.01: Address the debt distress of least developed countries by 2025 and provide coordinated and appropriate debt solutions in a timely manner..
    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  
  • Indicator 6.04.01.01: Debt service as a proportion of exports of goods, services and primary income.
    Weak  

Goals

  • Goal 4: Enhancing adaptive capacity, strengthening resilience and reducing vulnerability to climate change and disasters.
    Strong  
  • 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   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 5.02.01: Substantially increase the volume of development finance in support of landlocked developing countries through traditional and innovative sources of finance..
    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  
  • Target 5.05.01: Address the debt problems of landlocked developing countries that are in debt distress or in high risk of it and keep the external debt of all landlocked developing countries within a sustainable level..
    Strong  

Indicators

  • No alignments!