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Developing countries lose an estimated $990 billion dollars annually in illicit financial flows



WASHINGTON, D.C. — The developing world saw a record $991 billion leave its countries due to corrupt practices and corporate tax evasion in 2012, according to a new report by Global Financial Integrity (GFI). Because of this massive non-taxed loss of illicit financial flows, developing countries lost $6.6 trillion between 2003 and 2012, according to GFI, who said such losses are growing at 9.4% per year.

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    For the past 40 years, since its founding in 1976, the mission of World Hunger Education Service is to undertake programs, including Hunger Notes, that
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