(September 21, 2003) U.S. Treasury Secretary John Snow welcomed the pledge, saying a solution was necessary "to help provide a sound footing for the future" of postwar Iraq.
G7 meeting endorses reform process of PNA
(September 21, 2003) Finance ministers of the world’s richest nations yesterday gave their endorsement to reform efforts by the Palestinian National Authority.
G7 seeks Iraq debt restructuring by end ’04
(September 20, 2003) Germany’s deputy finance minister Caio Koch-Weser said the Group of Seven wealthy nations wanted to reach a deal by the end of next year on restructuring Iraq’s massive debts.
The economics of corruption
(September 19, 2003) Corruption is not new in India. It was, in fact, a part of the wages of the agents of the state in Mughal times (and before as well). It used to be called mamool or customary payment. It was not, as it has become now, speed money.
Corruption bill ready next sitting
(September 18, 2003) Attorney General Peter Fachi Thursday said that a bill to amend the Corrupt Practices Act would be tabled during the next sitting of Parliament, but pointed out not all the recommendations will be taken on board.
South African sentenced for water project bribery
(September 18, 2003) A South African who pleaded guilty to acting as an intermediary in bribery payments to the former head of the Lesotho Highlands Development Authority, has been sentenced to a fine of R500,000 or five years in prison.
Bickering over Iraq financing in play
(September 17, 2003) Another source of contention is the debt burden Iraq has accumulated under Saddam Hussein’s regime, which continues to bog down the country’s economy.
New Iraqi minister denounces past obligations incurred by Saddam
(September 17, 2003) Today’s Iraq should not be burdened with past obligations incurred by Saddam Hussein, said new Minister of Planning, Mahdi al-Hafiz. Iraq’s former regime, not the Iraqi people, invaded Kuwait and contracted enormous loans, said al-Hafiz.
New Iraqi Minister of Planning denounces continued payments to Kuwait
(September 17, 2003) Today’s Iraq should not be burdened with past obligations incurred by Saddam, says Mahdi al-Hafiz.
Iraq wants to clinch water deal with Syria, Turkey
(September 17, 2003) Poor relations with Syria and Turkey under Saddam Hussein’s government prevented Iraq from reaching an agreement on water quotas with its neighbours. Now talks to increase water flow from Turkey to Iraq and Syria are expected soon.
Corruptions Perception Index – Kenya to perform poorly
(September 15, 2003) As in other African countries, corruption in Kenya has been inextricably intertwined with the nature of the modern African state that is driven by patronage and derives its legitimacy from an ability to create and dispense patronage.
Another watershed for Acres
(September 15, 2003) Updating the Lesotho Highlands water project bribery scandal.
No conflict of interest in Iraq contract, says Belka
(September 12, 2003) The chair of an international donors’ conference to rebuild Iraq said there was no conflict of interest between his role and his position with a Polish bank, part of a winning tender to establish the Trade Bank of Iraq.
Prosecuting bribery in Lesotho
(September 5, 2003) "Lesotho is committed to completing these prosecutions, primarily in order to eradicate corruption in Lesotho. But also to set an example for other countries." – L. F. Maema, KC, the Attorney General of Lesotho.
Lesotho gets serious about corruption
(September 4, 2003) The Lesotho government has taken another step to show the world that it will continue to fight corruption after the bribery scandal involving millions of rand over the construction of the Lesotho Highlands Water Project.
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