Publication : Press Release

The IMF recognizes that corruption threatens market integrity, distorts competition, and endangers economic development, all while undermining the public’s trust in its government. Yet the IMF chief failed to mention this scourge, even obliquely, during her first visit to the country as head of the IMF. Lagarde emphasized inclusive growth, recognizing the gross inequalities in the country, and encouraged greater investment in education and jobs. But she ignored the misappropriation of state resources that siphons away desperately needed funds for education and other essential government services.

Information Source : IMF Keeps Cambodia’s Corruption in the Shadows

• HRW