Agenda 2063 - Overview

Goal 20:

Africa takes full responsibility for financing her development

Aspiration 7. An Africa a   African Capital market   Development assistance   Fiscal system and public  

  • Target 20.1: National capital market finances at least 10% of development expenditure

    • Indicator 20.1.1: Proportion of development expenditure contributed by national capital markets

  • Target 20.2: Tax and non-tax revenue of all levels of government should cover at least 75% of current and development expenditure

    • Indicator 20.2.2: Total tax revenue/GDP

    • Indicator 20.2.3: % of firms paying tax

    • Indicator 20.2.4: Percentage of population paying direct tax

    • Indicator 20.2.5: Share of the recurrent and development expenditure funded by tax and non tax revenue

  • Target 20.3: Proportion of aid in the national budget is at most 25% of 2013 level

    • Indicator 20.3.6: % decrease of total ODA as a percentage of the national budget

    • Indicator 20.3.7: Resources raised through innovative financing mechanisms as a % of national budget

  • Target 20.4: Additional financial resources mobilised from multiple sources

    • Indicator 20.4.8: % Volume of remmittances (USD/GDP)

    • Indicator 20.4.9: Amount of philanthropic funds mobilised

  • Target 20.5: Effective public, public-private and civil society partnerships encouraged and promoted

    • Indicator 20.5.10: Number of PPP and civil society partnership projects

Alignment with Sustainable Development 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.
    Weak  
  • Goal 17: Strengthen the means of implementation and revitalize the Global Partnership for Sustainable Development .
    Strong  

Alignment with Sustainable Development Goals - Targets

  • Target 8.1 : Sustain per capita economic growth in accordance with national circumstances and, in particular, at least 7 per cent gross domestic product growth per annum in the least developed countries
    T20.1 Strong   Economic  
  • Target 10.b : Encourage official development assistance and financial flows, including foreign direct investment, to States where the need is greatest, in particular least developed countries, African countries, small island developing States and landlocked developing countries, in accordance with their national plans and programmes
    T20.3 Strong  
  • Target 17.1 : Strengthen domestic resource mobilization, including through international support to developing countries, to improve domestic capacity for tax and other revenue collection
    T20.1 Strong   T20.2 Strong   T20.3 Strong   T20.4 Strong   International  
  • Target 17.3 : Mobilize additional financial resources for developing countries from multiple sources
    T20.1 Strong   T20.3 Strong   T20.4 Strong   Economic   International  
  • Target 17.9 : Enhance international support for implementing effective and targeted capacity-building in developing countries to support national plans to implement all the Sustainable Development Goals, including through North-South, South-South and triangular cooperation
    T20.3 Strong   International  
  • Target 17.16 : Enhance the Global Partnership for Sustainable Development, complemented by multi-stakeholder partnerships that mobilize and share knowledge, expertise, technology and financial resources, to support the achievement of the Sustainable Development Goals in all countries, in particular developing countries
    T20.5 Strong   Economic   International  
  • Target 17.17 : Encourage and promote effective public, public-private and civil society partnerships, building on the experience and resourcing strategies of partnerships
    T20.3 Weak   T20.5 Strong   Economic   International  

Alignment with Sustainable Development Goals - Indicators

  • Indicator 8.10.1 : (a) Number of commercial bank branches per 100,000 adults and (b) number of automated teller machines (ATMs) per 100,000 adults
    I20.1.1 Strong   Economic  
  • Indicator 8.10.2 : Proportion of adults (15 years and older) with an account at a bank or other financial institution or with a mobile-money-service provider
    I20.1.1 Strong   Economic  
  • Indicator 10.b.1 : Total resource flows for development, by recipient and donor countries and type of flow (e.g. official development assistance, foreign direct investment and other flows)
    I20.3.7 Weak  
  • Indicator 17.1.1 : Total government revenue as a proportion of GDP, by source
    I20.1.1 Weak   I20.2.2 Weak   I20.2.3 Weak   I20.2.4 Weak   I20.2.5 Strong   I20.4.8 Strong   Governmental  
  • Indicator 17.1.2 : Proportion of domestic budget funded by domestic taxes
    I20.1.1 Weak   I20.2.2 Strong   I20.2.3 Strong   I20.2.4 Strong   I20.2.5 Weak   I20.3.6 Strong   I20.4.8 Strong   Economic   Governmental  
  • Indicator 17.3.1 : Foreign direct investments (FDI), official development assistance and South-South Cooperation as a proportion of total domestic budget
    I20.1.1 Weak   I20.3.6 Weak   I20.3.7 Weak   I20.4.8 Strong   I20.4.9 Weak   Economic  
  • Indicator 17.3.2 : Volume of remittances (in United States dollars) as a proportion of total GDP
    I20.1.1 Strong   I20.3.6 Strong   I20.3.7 Weak   I20.4.8 Strong   I20.4.9 Strong   Economic  
  • Indicator 17.9.1 : Dollar value of financial and technical assistance (including through North-South, South-South and triangular cooperation) committed to developing countries
    I20.3.7 Weak   Economic  
  • Indicator 17.16.1 : Number of countries reporting progress in multi-stakeholder development effectiveness monitoring frameworks that support the achievement of the sustainable development goals
    I20.5.10 Strong   Governmental  
  • Indicator 17.17.1 : Amount of United States dollars committed to public-private and civil society partnerships
    I20.3.7 Strong   I20.5.10 Weak   Economic