Thursday, October 29, 2020

Corruption costs $2.6 trillion or 5 per cent of global GDP – UN chief Antonio Guterres

Corruption costs $2.6 trillion or 5 per cent of global GDP - UN chief Antonio Guterres 1
By Olaalpha

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Corruption costs $2.6 trillion or 5 per cent of global GDP - UN chief Antonio Guterres 2

The cost of corruption is at least USD 2.6 trillion, or five per cent of the global GDP, UN Secretary-General Antonio Guterres has said and urged the international community to work effectively against money laundering, tax evasion and illicit financial flows. According to the World Bank, businesses and individuals […]

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