Global Challenges Partnerships: Collect more - spend better 2022 The `Global Challenges¿ programme of NDICI-Global Europe covers the global and multilateral dimension of the EU¿s action to implement its political priorities. In line with the 2030 Agenda, the European Consensus on Development and the European Commission¿s geopolitical priorities, it will&nbsp;support global actions contributing to the objective of `a stronger Europe in the world¿.&nbsp;The actions will also further good&nbsp;governance and transparency which are together&nbsp;one of the basic principles of the Global Gateway. Public Finance Management, Domestic Revenue Mobilisation and Debt Management, as well as macro-economic stability constitute key enablers for this new European Strategy.&nbsp;&nbsp;&nbsp;Implementing the 2030 Agenda for&nbsp;Sustainable Development requires sound domestic public finance systems.&nbsp;The Global Recovery Initiative,&nbsp;as proposed by Commission&nbsp;President von der&nbsp;Leyen&nbsp;in May&nbsp;2020, links&nbsp;debt relief with&nbsp;sustainable investment for the attainment of the SDGs&nbsp;and makes&nbsp;a strong case for the recovery to be green, digital, just and resilient.&nbsp;This&nbsp;will require fiscal space.&nbsp;Domestic Revenue Mobilization, Debt Management,&nbsp;and better&nbsp;Public Finance Management&nbsp;will&nbsp;help creating it.&nbsp;&nbsp;&nbsp;Domestic revenue is the most important source to finance the SDGs. It has become an international policy&nbsp;priority reflected in the&nbsp;International Conference of the Financing for Development, the Addis Ababa Action Agenda (AAAA), the Agenda 2030 and the SDGs (10.4, 16.4, 17.1). It is equally well anchored in the Commission¿s staff working documents,&nbsp;such as ¿Collect more ¿ spend better¿. The Addis Tax Initiative kept domestic revenue&nbsp;mobilisation (DRM) centrally on the political agenda since 2015, fostering collective action for&nbsp;support of developing partners¿ capacities to mobilize taxes and duties. The ATI Declaration 202515, launched in April 2021 promotes&nbsp;fair and efficient&nbsp;tax systems in developing countries that benefit societies and economies by&nbsp;supporting investment and economic growth, strengthening gender equality, protecting the environment, and reducing inequalities.&nbsp;&nbsp;&nbsp;Debt&nbsp;sustainability has been a key concern for&nbsp;sustainable development, even before the COVID-19 crisis. As the crisis unfolded, it became clear that debt problems could become an obstacle to the achievement of SDGs in many countries. The economic consequences of the war in Ukraine are also likely to exacerbate already precarious debt problems. The proposed action on debt focuses on increasing debt transparency and management, which is a critical element of debt&nbsp;sustainability, capacity management, accountability and coordination among debtors and creditors.&nbsp;Bearing this context in mind, we propose the following actions for 2022:·&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS)·&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Global Forum on Transparency and Exchange of Information for Tax Purposes·&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PEFA (Public Expenditure and Financial Accountability) Framework·&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Supreme Audit Institutions (SAI)·&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Debt Management Facility (Phase III)