Policy action to curb illicit financial flows and secure resources for sustainable development require better data and better understanding of IFFs. As an illicit phenomenon, IFFs are not easy to track or measure. Common statistical concepts and methods are needed to measure IFFs regularly, and in line with the Fundamental Principles of Official Statistics. The session shared the latest progress and a conceptual framework to measure IFFs, and invited African countries to pilot test the measurement of IFFs, jointly with UNECA, UNCTAD and UNODC.
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