New Delhi, June 21 (ANI): Global Financial Integrity (GFI) Director Raymond Baker will travel to India this week for meetings with government officials, journalists, and civil society organizations. Mr. Baker will also deliver remarks at a press conference Friday afternoon.
In January of this year, the Indian Government announced a comprehensive plan to tackle corruption, crime, and illicit capital flight. As part of this plan, the government of India joined theTask Force on Financial Integrity and Economic Development's Partnership Panel.
The Task Force on Financial Integrity and Economic Development is a unique global coalition of civil society organizations and more than 50 governments working together to address inequalities in the financial system that penalize billions of people. Task Force Partnership Panel members include the governments of Chile, Denmark, France, Germany, Greece, the Netherlands, Norway, and Spain, the Canadian International Development Agency, and the Ford Foundation.
GFI heads the Task Force and will convene the Task Force's annual conference in Paris, October 6th and 7th. The theme of this year's conference will be "Tackling the Shadow Financial System: A Working Plan for the G20."
In a recent report, "Illicit Financial Flows from Developing Countries: 2000-2009.
India's illicit outflows is the 15th largest among developing countries. (ANI)
Source - Yahoo News
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