Corruption hampers sustainable economic growth: KPK

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Corruption impedes sustainable economic growth, according to deputy chairperson of the Corruption Eradication Commission (KPK), Lili Pintauli Siregar.

“Corruption hampers sustainable economic growth, and undermines the rule of law and elderly people’s trust in the institution,” said the deputy chairperson at the 2022 OECD Global Anti-Corruption and Integrity Forum (GACIF), here on Thursday.

Corruption is a sharp impediment to the country’s efforts to build prosperity and security, she added. It also undermines the achievement of the 2030 Sustainable Development Goals (SDGs).

Manifestations of corruption, she said, are constantly evolving, especially in the context of economic crises, where it opens up new opportunities for corrupt behavior. Hence, joint efforts need to be continued to eradicate corruption.

Pintauli said that the G20 Anti-Corruption Working Group (ACWG) has developed a series of initiatives and also intensified cooperation with engagement groups, including business and civil society and international organizations.

The joint effort will focus on two out of the four priority issues proposed by the G20 Presidency. The first session, she said, will focus on the integrity of public finance amid the pandemic.

Meanwhile, the second session will focus on efforts to fight corruption and promote integrity in the renewable energy sector.

“The Presidency believes it is crucial to identify and manage corruption risk associated with renewable energy investment. Further, we believe it is also important to discuss opportunities to promote integrity, good governance, and transparency to support further investment in renewable energy,” said Pintauli.

Source: Antara News