Francophone countries endorse financial transaction tax

Finance ministers of low-income Francophone (mostly African) countries expressed a strong endorsement of a broad-based financial transactions tax, which they issued at the end of a meeting held Friday 15 April in Washington before the IFI spring meetings. They urge all G20 countries and others to adopt the FTT as put forward by France and Germany. This represents the first strong support for an FTT by a group of developing countries. Click here for the francophone communique 15april2011.

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