The purpose of this Board Update is to present progress on the World Bank’s (WB)engagements on Domestic Resource Mobilization (DRM) and Illicit Financial Flows (IFFs).Following the agenda set by recent global summits such as Financing for Development, the emphasison the topics reflects the domestic financing challenges facing client countries to adequately funddevelopment priorities.1 The WB has also positioned the two topics at the forefront, with...
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