Public sector corruption siphons $1.5 trillion to $2 trillion annually from the global economy in bribes and costs far more in stunted economic growth, lost tax revenues and sustained poverty, the International Monetary Fund said on May 11.
Reuters: Global corruption costs trillions in bribes, lost growth – IMF
IMF Managing Director Christine Lagarde speaks at the International Monetary and Financial Committee (IMFC) press conference during the International Monetary Fund, World Bank Spring Meetings at the IMF headquarters on April 16, 2016 in Washington, DC.
