Tax revenues in African countries are rising as a proportion of national incomes, according to the inaugural edition of Revenue Statistics in Africa. In 2014, the eight countries covered by the report - Cameroon, Côte d’Ivoire, Mauritius, Morocco, Rwanda, Senegal, South Africa and Tunisia - reported tax revenues as a percentage of GDP ranging from 16.1% to 31.3%.
The government maintained its policy of improving the business climate and encouraging private investment in 2014 so as to support economic transformation. These efforts gave Morocco a ranking of 71st out of 189 countries in the World Bank report Doing Business 2015.
The OECD and the Government of the Kingdom of Morocco today signed a Memorandum of Understanding on a two-year Country Programme which will support Morocco’s reform agenda.
The Global Forum on Transparency and Exchange of Information for Tax Purposes published today new peer review reports for the Czech Republic, Kazakhstan and Morocco.
With Africa’s population set to double by 2050, modernising local economies will be vital to make the continent more competitive and to increase people’s living standards, according to the African Economic Outlook 2015, released at the African Development Bank Group’s 50th Annual Meetings.
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4-page policy note detailing the key results and recommendations from OECD Trade Policy Paper 179 on the Participation of Developing Countries in Global Value Chains.
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Urban, seaside, cultural and business tourism accounts for 10% of Morocco’s gross domestic product; in Tunisia, the figure is 5% (2011). Saharan sites are part of the main tourism circuits: Moroccan and Tunisian sites are accessible to travellers arriving in Agadir, Marrakesh, Sousse or Djerba. With ten million visitors in 2012, Morocco is themost popular tourism destination, followed by Tunisia (6 million), and Algeria (2.6 million).