Cambodia’s economy lost $4b in illegal outflows in 2013

Cambodia’s economy lost more than $4 billion to illicit financial outflows in 2013, more than a quarter of its gross domestic product that year, according to a report released on Wednesday by the Washington-based think tank Global Financial Integrity.

Based on trade data reported to the International Monetary Fund (IMF), the report says that the $4 billion that illegally left Cambodia in 2013 was part of $1.1 trillion that illicitly left the world’s developing countries that year. …

Alex Willemyns
https://www.cambodiadaily.com/news/cambodias-economy-lost-4b-in-illegal-outflows-in-2013-102614/