Inputs to the Outcome Document

This joint Brief by IMF, OECD and WBG emphasizes the critical role of Domestic Revenue Mobilization (DRM) in addressing the financing gap for the Sustainable Development Goals (SDGs) in low-income countries. It highlights the need for comprehensive tax reforms, enhanced compliance, and international cooperation to increase tax revenues. The brief advocates for utilizing the upcoming FFD4 conference to strengthen tax capacity and align policies with sustainable development objectives.

Linked to 70% of the SDG targets, digital infrastructure is a cornerstone for developing digital economies and achieving the SDGs. Yet, with 2.6 billion unconnected people, building the necessary infrastructure to achieve universal connectivity requires significant funding. Closing the investment gap necessitates optimizing traditional investments, while also identifying adequate financing mechanisms to improve project attractiveness and attract new investors. Multi-stakeholder collaboration is crucial for devising innovative strategies to bridge the financing gap, ensuring universal, meaningful connectivity by 2030.