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There is no denying that some aid money is lost to corruption, poor programming and inefficiency.
It is hard to know how much is lost to corruption and how much is simply lost.
According to the Public Chamber Oversight Commission, 30% of the budget is lost to corruption and embezzlement, and much of what is not stolen is wasted.
The problem of stolen assets is most acute in Africa, where an estimated 25percentt of the gross national product of states is lost to corruption, he said.
Haiti's government has done everything it's been asked to do by international donors to inspire confidence, maintain transparency and ensure that not one single cent is lost to corruption.
It is estimated that 25% of African states' gross domestic output, amounting to $148bn, is lost to corruption each year – embedding poverty, deterring investment and holding back economic development.
Similar(49)
We know great sums are lost to corruption".
An estimated $440bn was lost to corruption between 1960 and 1999.
The rest was lost to corruption, shoddy, half-built projects, and numbered bank accounts outside Chad.
Although the state of the economy remains difficult to ascertain beyond dubious official figures, huge sums are lost to corruption.
In many poor nations with oil, the proceeds are being lost to corruption, depriving these countries of their best hope for development.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com