THE PHILIPPINES slipped three places in a corruption index released by Global Risk Profile (GRP), which noted that financial aid programs during the pandemic created opportunities for corruption and bribery.
l, did not immediately give comment on the report.
In its report, the GRP said the pandemic, which had unlocked loans and credit at a fast pace, “triggered new opportunities for corruption, bribery, falsiIt noted that Europe saw a slight decline this year “maybe due to the introduction of 2020-2021 facilitated loans.” “Development aid from funders like International Monetary Fund, World Bank, Asian Development Bank and JICA required long-term efforts at imposing accountability structures to make sure money goes where it should,” he noted.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Miss World PH queens happy for Justine Felizarta’s Miss Tourism World bidJustine Felizarta joined the 2022 Miss World Philippines in her last bid for a chance to represent the Philippines on the global arena. But just recently, the organization announced that she will be sent to the Miss Tourism World this year. | diyarista
Read more »
Philippines among countries condemning Russian attack in latest APEC declarationThe Philippines was among the countries that condemned the ongoing conflict in Ukraine during the Asia Pacific Economic Cooperation (APEC) Summit, President Ferdinand “Bongbong” Marcos Jr. said Saturday.
Read more »
Philippines to establish overseas labor office in BangkokBANGKOK — The Philippines will open a new overseas labor office in Bangkok, key officials announced on the sidelines of the Asia-Pacific Economic Cooperation (APEC) Summit in the Thai capital.
Read more »
Philippines wants to expand agricultural, energy cooperation with AustraliaBANGKOK — The Philippines is looking at boosting cooperation with Australia in agriculture and energy, President Ferdinand “Bongbong” Marcos Jr. said in a bilateral meeting with Prime Minister Anthony Albanese.
Read more »
Philippines posts 1,122 new COVID-19 casesThe Department of Health (DOH) on Saturday recorded 1,122 new COVID-19 cases even as the active tally went down to 18,864.
Read more »