Bribes linked with import and export permits in the Philippines are rampant, affecting the flow of goods and services, according to a World Bank report.
“In Indonesia, the Philippines, Russia, and Thailand, extra payments or bribes connected with import and export permits are apparently widespread,” the lender said in a report titled, “ Transparency & Trade Facilitation in the Asia Pacific: Estimating the Gains from Reform.”
The report noted that in the Philippines, irregular payments for imports and exports remain and their size varies substantially. In contrast, bribes appear to be rare in New Zealand.
The World Bank said most middle-income Asia-Pacific Economic Cooperation (APEC) economies require a number of export or import documents similar to the world average for this income group. In this regard, the Philippines and Mexico perform particularly well.
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Political News - philippines!
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“In Indonesia, the Philippines, Russia, and Thailand, extra payments or bribes connected with import and export permits are apparently widespread,” the lender said in a report titled, “ Transparency & Trade Facilitation in the Asia Pacific: Estimating the Gains from Reform.”
The report noted that in the Philippines, irregular payments for imports and exports remain and their size varies substantially. In contrast, bribes appear to be rare in New Zealand.
The World Bank said most middle-income Asia-Pacific Economic Cooperation (APEC) economies require a number of export or import documents similar to the world average for this income group. In this regard, the Philippines and Mexico perform particularly well.
Complete Article
Political News - philippines!
Yehey ToL, Philippines only instant messaging system that works with yahoo! Simple lang like PS bank!
