Friday, March 10, 2023

Sri Lanka - Indonesia - Malaysia

Anticipation of Anti-Corruption (AC) bill in return of billion-dollar loan from IMF. Sri Lanka has been urged by the International Monetary Fund (IMF) to reduce corruption vulnerabilities such as improving fiscal transparency, public financial management (PFM), AC legal frameworks and conduct an in-depth governance diagnostic in return of a $2.9 billion loan.

Economy Next: https://economynext.com/ahead-of-imf-approval-sri-lanka-govt-promises-anti-corruption-bill-114642/

 

Six corruption prevention actions in Indonesia. The minister of National Planning and Development, which is also a member of the Corruption Prevention National Team that efforts focusing on state finance will include among others; Digitalization to synergize poverty alleviation programmes, increase effectiveness of development spending by improved government procurement audits and reduce state revenue leakage by structuring the governments fixed assets.

Antara News: https://en.antaranews.com/news/275109/six-corruption-prevention-actions-focus-on-state-finance-minister

 

PM: Anti-Corruption drive and economic growth goes hand in hand. Malaysia's Prime minister (PM) argued that regardless of political alignments and positions, the unity government will not tolerate misconduct and corruption, and that leakages and lack of transparency and accountability has for too long hampered efforts to move the country forward.

The Star: https://www.thestar.com.my/news/nation/2023/03/09/pm-economic-growth-reforms-and-fight-against-corruption-to-coexist

 

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