Nearly US$100 Billion Flowed Illegally through Myanmar from 1960 to 2013, Finds New GFI Report

Description: 

"Illicit Outflows average 6.5% of Myanmar?s Official GDP; Technical Smuggling of Imports via Fraudulent Misinvoicing Accounts for 71.0% of Myanmar?s Illicit Inflows Underground Economy Averaged 55.1% of Country?s GDP; Drives and is Driven by Illicit Flows Tax Loss due to Illicit Flows Greater than Public Spending on Health Customs Enforcement, Transparency Measures, Political Will Seen as Key to Curbing Crime, Corruption, and Tax Evasion Report Launch Event to Be Held at the National Press Club at 2pm EDT on Thursday, September 10th...."

Creator/author: 

Christine Clough

Source/publisher: 

Global Financial Integrity (GFI)

Date of Publication: 

2015-09-09

Date of entry: 

2015-10-01

Grouping: 

  • Individual Documents

Category: 

Language: 

English

Format: 

Size: