Analysis of illicit financial flows (IFFs) in the world’s poorest nations shows that these flows by far exceed health spending in many countries according to data from Global Financial Integrity (GFI).
The Washington based non-profit organisation that researches and analyses IFFs says that in the period analysed between 2008 and 2012, data indicates the challenge some countries will face in achieving the newly set Sustainable Development Goals (SDGs).
The rankings according to the GFI data are as follows:
The UN’s commitment to “substantially reduce” IFFs in the SDGs is seen by GFI as a crucially important effort that will generate the funds needed to provide basic health services for some of the world’s most vulnerable people.
Categories: Trade Based Financial crimes News