CATHERINE WILSON | Inter Press Service
CORRUPTION, the single largest obstacle to socioeconomic development worldwide, has had a grave impact on Papua New Guinea.
While mineral resource wealth drove high gross domestic product (GDP) growth of eight percent in 2012, the country is today ranked 157th out of 187 countries in terms of human development.
Key anti-corruption fighters in the country say that money laundering must be tackled to increase deterrence and ensure that stolen public funds earmarked for vital hospitals and schools do not pay for luxury assets abroad.
“Our police officers, school teachers and health workers live and work in very squalid circumstances,” Lawrence Stephens, chairman of Transparency International (PNG), in the capital, Port Moresby, told IPS.