Illicit Financial Flows: Significant Impediment to Achieving Sustainable Development Goal #6 — Ensuring Healthy Lives


Analysis of illicit financial flows (IFFs) in the poorest nations shows that from 2008 – 2012 IFFs swamped national health spending in many countries.  The IFF/Health Spending ratios provided below give an indication of the challenge some countries will face in achieving Sustainable Development Goals #6.

GFI President Raymond Baker said that the UN commitment to “substantially reduce” IFFs in target 16.4 “is a crucially important effort that will generate the funds needed to provide basic health services for some of the world’s most vulnerable people.”

Rank Country Ratio
1 Togo 1088.7%
2 Vanuatu 931.4%
3 Congo, Republic of 483.5%
4 Equatorial Guinea 478.1%
5 Liberia 455.7%
6 Djibouti 417.1%
7 Samoa 361.0%
8 Chad 329.6%
9 Solomon Islands 315.5%
10 Lao People’s Democratic Republic 304.2%
11 Comoros 302.5%
12 Zambia 284.0%
13 Nicaragua 265.2%
14 Armenia, Republic of 264.6%
15 Guyana 264.0%
16 Ethiopia 259.5%
17 Honduras 251.6%
18 Paraguay 242.7%
19 Malawi 200.1%
20 Gambia, The 192.2%

 

Source: Global Financial Integrity (GFI)


This entry was posted in African News, Chad News, Comoros News, Djibouti News, Gambia News, Liberia News, Malawi News, Republic of the Congo, Togo News, Zambia News. Bookmark the permalink.

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