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Tracking the trillions

Monitoring anti-corruption efforts at the International Monetary Fund, including during COVID-19, to ensure funds reach those most in need.

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While progress has been made in the two years since the International Monetary Fund (IMF) stepped up its efforts to tackle corruption and ensure critical funds reach the people who need them most, more work needs to be done to ensure lasting change at the national, regional and global levels.

The scale of the crisis raises the risks and dangers of the theft of public money that should be used to save lives and rebuild livelihoods.
Delia Ferreira Rubio Chair, Transparency International.

What this means during COVID-19

The IMF is also at the heart of the global economic recovery following the COVID-19 pandemic. More than US$9 trillion is being committed to the recovery, including up to US$1 trillion from the IMF.

With such large sums and so many lives at stake, it’s more important now than ever for the IMF to ensure that emergency funds aren’t lost to corruption and that corruption doesn’t cost any additional lives.

A new series on the IMF

Over the next several weeks, we’ll be publishing a series of perspectives on how the IMF can be more effective, especially during these extraordinary times, in tackling corruption, while promoting transparency and accountability.

Stay tuned for blogs and videos from the IMF, other non-governmental organisations (NGOs) and our own experts.

Videos

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Transparency International: The importance of anti-corruption measures in IMF loans, especially during COVID-19.

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CISLAC: Greater accountability needed in Nigeria to prevent the misuse of funds.

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CIVICUS: The role of civil society in working with global financial institutions, like IMF.

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PART 1

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PART 2

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