UN discloses global volume of corruption
Finance
- 11 December, 2017
- 14:07
Add Report.az to preferred Google sources
Stay up to date with the top news!
Baku. 11 December. REPORT.AZ/ Approximately $ 1 trillion in bribes are paid each year around the world.
Report informs referring to the Vedomosti, says report dedicated International Anti-Corruption Day established by UN.
The report says that because of corruption the global economy loses $ 2.6 trillion which makes 5% of global GDP. The money stolen in emerging countries is 10-fold greater than the charity funds they are given.
"Corruption is a serious crime hampering the social-economic development of any society. No countries, regions or unions are ensured from this crime,” report reads.
Latest News
21:54
Photo
Azerbaijani Deputy PM meets with Iranian President
Foreign policy21:51
Muhammad Bello Bala Shagari elected chairman of NAM Youth Organization
Foreign policy21:43
Azerbaijan, Qatar discuss mutual investment and new projects
Business21:38
Gafarova: Slovak firms' role in Karabakh reconstruction reflects sincere friendship
Foreign policy21:32
Kaliňák: Azerbaijan proved capable of defending national interests
Foreign policy21:27
Gasimov: Slovakia-Azerbaijan partnership already yielding results
Foreign policy21:23
Gafarova highlights rapid development of Azerbaijan-Slovakia relations
Foreign policy21:17
Slovakia, Azerbaijan working to expand energy cooperation
Foreign policy21:04