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Illicit Financial Flows Cost Zim $500 Million

by The Standard
Published by : The Standard (Harare) Physical details: 2p.
Subject(s): Capital Flight
Year: 2015
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The article chronicles revelations by the central bank in which the country is said to have lost in excess of $500 million through illicit financial out flows (IFFs) as government failed to plug leakages.The statistics have shown that $500 million — an eighth of the $4 billion 2016 national budget — has been lost in the country through such leakages.

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