Mongolia joins Addis Tax InitiativeEconomy
Ulaanbaatar /MONTSAME/. The Addis Tax Initiative (ATI) has welcomed Mongolia as its newest member. In its press release, the ATI acknowledged Mongolia’s commitment to increasing domestic revenue mobilization (DRM) towards sustainable development. “The Addis Tax Initiative continues to grow, now including 25 partner countries, 20 development partners and 16 supporting organizations.”
“Mongolia has signaled its ambition for tax reform in recent years by joining other complementary initiatives, such as the Inclusive Framework on Base Erosion and Profit-Sharing (BEPS), the Global Forum on Transparency and the Exchange of Information, and the Tax Inspectors Without Borders (TIWB) Initiative. Mongolia has also recently implemented various tax reforms and is looking for support in the implementation phase of these policies.”
“The Addis Tax Initiative looks forward to actively cooperating with Mongolia and all other partner countries, development partners and supporting organizations to catalyze DRM to achieve the 2030 Agenda for Sustainable Development.”
The Addis Tax Initiative was initiated in 2015 by the governments of Germany, the Netherlands, the United Kingdom and the United States in the course of the Third International Conference on Financing for Development in Addis Ababa, Ethiopia.
The Addis Tax Initiative is a multi-stakeholder partnership that aims to enhance domestic revenue mobilization in partner countries.The Addis Tax Initiative (ATI) is a multi-stakeholder partnership that aims to enhance domestic revenue mobilisation (DRM) in partner countries.
Committing to the Addis Tax Initiative fosters partner countries’ efforts to increase reliance on domestic revenue to fund their development agenda and meet the Sustainable Development Goals (SDGs) by 2030.