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View Full Version : The high cost of corruption



NewsWhore
07-21-2009, 06:30 PM
A professor at the master in public administration at Funglode, Manuel Villoria told Hoy that if the country reduced corruption in office, it could have savings of RD$65.7 billion. Funglode is the think tank of President Leonel Fernandez.
Villoria spoke of 4% of the Gross Domestic Product, or twice the budget of the Ministry of Education. He was interviewed at Funglode after speaking on "Ethics and Leadership in Public Administration." He said less corruption would translate into more tax collections, domestic and foreign investment and more confidence in the economy. He corroborated the low positioning of the country in regards to the perception of corruption index of the country. Villoria is a member of the Executive Committee of International Transparency in Spain. He is a professor in political science and management at the Universidad Rey Juan Carlos in Madrid.
"The key in government is development strong institutions," he said.

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