Government dismisses latest report by Transparency International on corruption – 7th Dec 2012
Transparency International (TI) in its 2012 Annual Corruption Perceptions Index (CPI) ranked Guyana at 133 out of total of 174 countries. This puts Guyana as the worst in the Caribbean.
Presidential Advisor, Gail Teixeira, claimed, that Guyana’s ranking was formulated after interviews with four men, and she measured it alongside the recent report by the International Monetary Fund, which said that the Government exercises prudent financial management.
Teixeira said, that Guyana is a signatory to the Inter-American Convention Against Corruption and would be summiting to its review process. In addition, she said that Guyana has also signed the United Nations Convention Against Corruption and would also be subjecting itself to review on its application of the convention.
The Transparency Institute’s index has become a signature tool widely used around the globe to measure the perceived levels of public sector corruption in countries and its looked at keenly by investors and multilateral lending agencies.