Global Financial Integrity

 

Trade Misinvoicing

Sudan Speaks: Surveys Reveal Voices of Hope

WASHINGTON, DC - JUNE 8, 2019: Demonstration in front of US Capitol Building calling for civilian rule in Sudan - man holds Sudan flag

As part of its new report ‘Sudan and Trade Integrity,’ Global Financial Integrity (GFI) worked with a contractor to conduct surveys with Sudanese thought leaders in Sudan. The surveys were conducted in March 2020 by phone with...

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A Piece of the Puzzle: Building Sudan’s Economic Future

Sunset on the Nile, Sudan via Shuttershock

As Sudan’s transitional government works to extricate itself from decades of mismanagement, civil strife and corruption it faces hydralike challenges before it will be able to stabilize the economy and provide adequate services to its beleaguered populace....

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Covid-19 and Illicit Financial Flows: What’s to Come

Photo by visuals on Unsplash

Even in normal times, there has been a growing recognition of the threat that illicit financial flows (IFFs) pose to the integrity and stability of the global financial system. But now, with the onslaught of the Covid-19...

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New GFI Report Shows Trade Misinvoicing a Major Problem for Developing Countries

A lack of trade integrity results in potentially massive revenue losses – all at a time when most countries are struggling to mobilize domestic resources for development Global Financial Integrity (GFI) recently released its newest report, “Trade-Related...

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South Africa, Revisited: Trade Misinvoicing and Lost Revenue in 2016

by Ben Iorio  In November 2018, Global Financial Integrity published an analysis of South Africa’s potential revenue losses associated with trade misinvoicing, finding losses of approximately US$37 billion in revenue, or on average $7.4 billion between 2010-2014....

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Out of Africa: Capital Flight

by Ben Iorio “The traditional thinking has always been that the West is pouring money into Africa through foreign aid and other private-sector flows, without receiving much in return. Actually, that logic is upside down – Africa...

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GFI: Egypt lost US$1.6 billion to Trade Misinvoicing in 2016; Revenue needed for SDGs

By Ben Iorio On June 26th, Global Financial Integrity (GFI) published a comprehensive study estimating Egyptian revenue losses of approximately US$1.6 billion as a result of trade misinvoicing in 2016. By deploying a detailed analysis of the...

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Need Funds for the SDGs? Tackle Trade Fraud

As scores of government representatives gather at the UN this morning for 10 days of high-level discussions on the current progress of the Sustainable Development Goals (SDGs), the elephant in the room is how developing and emerging...

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