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World Bank urged to improve anti-graft fight. Guatemala one of six countries as having governance problems

Thursday, September 1, 2011

The World Bank has increased its support for anti-corruption efforts in poor countries, but needs a more comprehensive approach to help their governments improve, says the financial institution’s watchdog.
A report from the Independent Evaluation Group, which monitors the bank’s performance, said an anti-corruption strategy launched in 2007 had focused mainly on the bank’s own processes and had yet to show many tangible results.
Case studies of six countries with governance problems – Azerbaijan, Bangladesh, Cambodia, Guatemala, Liberia and Moldova – showed that the bank’s “record in helping to achieve countrywide governance improvements was limited”, said the report.
Original source: Financial Times