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$2.6 Trillion, 5% of Global GDP is the Cost of Corruption Today, Says UN Chief
September 28, 2018
US Ambassador to the UN Nikki Haley, who is holding the Presidency of the Security Council, hosted a council meeting on corruption recently. During the briefing, UN Secretary-General Antonio Guterres urged the leaders to work towards containing corruption and tax evasion. He said that corruption is costing at least 2.6 million US Dollars, which is roughly 5% of the global GDP. He also said that individuals and businesses pay more than 1 trillion US Dollars in bribe each year.
Photo credit: perzonseo on Visualhunt / CC BY
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