| 000 -LEADER | |
|---|---|
| fixed length control field | 01296nam a22001337a 4500 |
| 100 ## - MAIN ENTRY--AUTHOR NAME | |
| Personal name | Ndudzo, E. |
| 245 ## - TITLE STATEMENT | |
| Title | Liquidity and Illicit Financial Flows |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) | |
| Place of publication | Harare |
| Name of publisher | Sunday Mail |
| Year of publication | 2016 |
| 300 ## - PHYSICAL DESCRIPTION | |
| Number of Pages | 4p. |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc | The article alludes that illicit financial flows and liquidity constraints stand among the foremost encumbrances standing between Zimbabwe and its economic dream. Exporting liquidity through leakages suffocates the economy by reducing aggregate demand thus causing deflation. Financial resource leakage exists with negative effect on national liquidity. Therefore, there is need for transparency, accountability and self-discipline in the utilisation and management of financial resources within a multi-currency system. Illicit financial flows should be viewed in the broadest sense, encompassing smuggling (precious minerals, wildlife trophies, etc), non-remittance of export proceeds, unwarranted remittances and offshore investments. Also in this bracket are tax evasion/avoidance, porous borders, misappropriation of foreign loan receipts, and irregular and/or wasteful expenditure. |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical Term | Illicit Wealth, Exporting Liquidity, Transparency |
| 856 ## - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | iffoadatabase.trustafrica.org/iff/Liquidity and illicit financial flows _ The Sunday Mail.pdf |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Koha item type | News Articles |
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