• How corrupption wrecks nations – IMF explains

    How corrupption wrecks nations – IMF explains

    According to reports, the International Monetary Fund (IMF) has said corruption weakens countries’ efforts to deliver sustainable and inclusive growth that could improve the lives of the people.

    The consequences of corruption formed the basis of the keynote address delivered yesterday by the Managing Director of the Fund, Christine Lagarde at this year’s International Bar Association (IBA) Conference in Washington DC, United States of America (USA).

    Lagarde, a lawyer, said public sector corruption is hard to measure; yet its economic and social […]