Tag: IMF corruption

• Saturday, May 14th 2016 - 08:55 UTC

  US$ 2 trillion lost to bribery and corruption every year, (2% of global GDP), claims IMF

  

  Bribery and corruption cost the world economy as much as US$2 trillion every year, money that instead could be used to fight poverty, create jobs, and protect the environment. A new report by the International Monetary Fund says the money lost to corruption every year is 2% of the global GDP.