UN discloses global volume of corruption
Finance
- 11 December, 2017
- 14:07
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
00:09
FM: Israel's operation in Iran aims to eliminate all threats against it
Region23:51
Trump refuses to guarantee ceasefire during Iran talks
Region23:42
UAE closes embassy in Tehran amid regional tensions
Region23:31
Iranian missiles strike on UAE kill six senior CIA officers
Region23:14
US destroys 9 Iranian warships, says Trump
Other countries22:43
Azerbaijani, Omani FMs express concern over regional escalation
Foreign policy22:28
Photo
192 people evacuated from Iran to Azerbaijan
Region22:05
CIA tracked Khamenei, Iranian politicians for months
Region21:55