Tag Archives: corruption

Corruption: Main obstacle to progress


MNA Editorial Desk: Bangladesh, being a small country on the globe with huge population, has drawn the attention of the whole world with its prompt improvement in different development indices. Specifically during the last few years, this improvement got strong pace due to the current government’s praiseworthy focus on achieving Sustainable Development Goals (SDGs) along with commitment towards accomplishing Vision 2021 and 2041 as well. To attain those targets, several large development projects have been launched along with emphasizing on human indices. We have moved forward in all aspects which is very much visible in all evaluations but question remains ...

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IMF unveils new corruption policy


MNA Business Desk: The International Monetary Fund (IMF) will systematically address corruption and its impact on economic growth with all its member countries under new guidelines launched on Sunday. The new policy also tackles how rich countries contribute to corruption in the developing world by failing to prevent bribery and money laundering or by allowing anonymous corporate ownership. “We know that corruption hurts the poor, hinders economic opportunity and social mobility, undermines trust in institutions and causes social cohesion to unravel,” IMF Managing Director Christine Lagarde said in a statement. Poor governance sap economic growth and exacerbate inequality, according to ...

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Combined effort needed to eradicate corruption


MNA Editorial Desk: Corruption has turned into such a phenomenon in Bangladesh that it became identical to our name. Without any debate it is the biggest problem of Bangladesh. Corruption has long term effects on national economy, ethics, moral, honour, growth, development etc. It has been a continuing problem of Bangladesh as we are in a habit to find ourselves in the list of the most corrupt countries of the world. During 2001-05, we held onto our position as the most corrupt country of the world while as per Transparency International’s (TI’s) Corruption Perceptions Index (CPI), Bangladesh was the 15th ...

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Saudi Arabia tries to comfort the investors


MNA Business Desk: Saudi is freeing its billionaire detainees. Now it has to woo investors. Saudi Arabia tries to comfort the investors. Saudi Arabia is winding down a spectacular crackdown into alleged corruption after agreeing to release one of its highest profile suspects and recovering billions of dollars in cash and much more in real estate. Prince Alwaleed bin Talal, a billionaire global investor with stakes in Citigroup (C), Twitter (TWTR) and Apple (AAPL), was released on Saturday. The conditions of his freedom are unclear, and the country’s ministry of information said it would not comment on his situation. In ...

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Endemic corruption and irregularities in health sector


MNA Editorial Desk: Governance challenges in this sector exist that hinder further achievements. According to TIB’s National Household Survey (2012), 40.2% of the recipients of health services from public institutions became victims of irregularities and corruption while receiving services. Many doctors at district and upazila hospitals remain off-duty during office hours, while patients are suggested to go to private diagnostic centers or chambers. Patients at the public hospitals also have to pay bribes for beds, tests, ambulance and other services. Besides, political influence and lobbying are used for transfer or remaining in a privileged facility for longer period. For promotion ...

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