How corruption holds countries back
Widespread corruption and poor governance are serious problems in many countries. They cut into government revenues and lead to wasteful spending, thereby weakening a country's economy and eroding the public's confidence in its institutions and policies. The IMF has been promoting good governance in member countries by supporting economic policies and structural reforms that limit the scope for siphoning off funds, pushing for transparency in public sector financial transactions, providing technical assistance to improve public resource...
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