GOVERNMENT has embarked on a pilot implementation of the anti-illicit financial flows (anti-IFFs) policy tracker aimed at identifying national vulnerabilities to IFFs across key sectors. ZRA Commissioner General Dingani Banda says the country has uncovered an alarming trend in illicit financial flows, noting that the Financial Intelligence Centre (FIC) reported suspected IFFs worth over $5 billion between 2023 and 2024. Speaking at the anti-illicit financial flows (IFFs) policy tracker assessment workshop, Tuesday, Banda said the development of the tracker demonstrated Zambia’s commitment to strengthening governance systems and safeguarding domestic resources for national development. “These milestones demonstrate Zambia’s commitment to strengthening governance systems, improving transparency, and safeguarding domestic resources for national development. Distinguished participants, Zambia’s pilot implementation of the anti-IFFs policy...

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