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Transparency International ranks Ethiopia 110 out of 174 countries in its annual corruption index released on December 3.The Corruption Perceptions Index 2014 measures the perceived levels of public sector corruption worldwide by scoring and ranking countries accordingly.
With zero being the most corrupt and 100 being the least, Ethiopia has been given a score of 33, which has also been the case for the past two years.
The report shows that two thirds of the 175 countries score below 50.
Denmark comes out on top in 2014 with a score of 92 while the most corrupt countries in Africa as well as the rest of the world includes Somalia with a score of 8, North Korea also with a score of 8 and Sudan with a score of 11.
Transparency International stated that corruption is a problem for all countries and that a poor score is likely a sign ofwidespread bribery, lack of punishment for corruption and public institutions that don’t respond to citizens’ needs.
The organization added that countries at the top of the index also need to act. Leading financial centers in the EU and US need to join with fast-growing economies to stop the corrupt from getting away with it.
The G20, of which 52 percent of the countries scored below 50 in the corruption index, needs to prove its global leadership role and prevent money laundering and stop secret companies from masking corruption, the report reads.
Transparency International says Botswana is the least corrupt country in Africa as well as the world, with a ranking of 31 and a score of 63.
In Sub-Saharan Africa the situation has not been improving the report suggests. It states that in a continent and region with high economic growth, the persistence of widespread corruption is one of the factors inhibiting that economic growth transforming into development dividends for all citizens; preventing them from enjoying improved livelihoods and living conditions.
The report also states that while citizens in Africa are confronted with corruption which leads them to accessing poor basic services, illicit financial flows are quickly draining the continent of resources for investment and development.
The UN Economic Commission for Africa estimates that the annual outflow of illicit finance through trade mispricing alone stands at about USD 60 billion, having grown at a real rate of 32.5 percent in the decade between 2000 and 2009. This figure exceeds the amount of inflows from official development assistance.
As a recommendation, Transparency International states that as the negotiations for the Sustainable Development Goals (SDGs) come to a conclusion, African leaders and citizens should mobilize to ensure a global consensus for a goal on effective, transparent and inclusive institutions.