Costa Rica, Panama tops in Central America for bringing in illegal cash flows
Panama and Costa Rica lead the way in illegal money flow in Central America, according to a report issued by Global Financial Integrity. When compared to the country’s gross domestic product, Panama and Costa Rica have the largest illegal cash flow, right ahead of Honduras. Nicaragua, El Salvador and Guatemala rank near the bottom of the list.
A total of $14,000 million per year in illegal cash flows could be found in Central America. The report analyzed the flows of money generated by criminal activities and corruption between 2000 and 2009.
Costa Rica contributed $4,359 million of the grand total (fifth in Latin America). To view the full report, click here. (PDF)
You may be interested
Kamala Harris to visit Mexico, Guatemala to discuss migrantsAFP - April 14, 2021
US Vice President Kamala Harris said Wednesday she will visit Mexico and Guatemala as part of her mission to address…
Spanish TV show to feature Costa Rica travelThe Tico Times - April 14, 2021
The Spanish television program "Planeta Calleja" will feature Costa Rica in its upcoming season, the Tourism Board (ICT) says. Jesús…
Costa Rica has received more than 1 million vaccine dosesThe Tico Times - April 14, 2021
Costa Rica received 113,490 more coronavirus vaccine doses on Tuesday night for a total of 1,022,685 doses, the Presidency reported. The…