Infrastructure Transparency Initiative Co News Today : Breaking News, Live Updates & Top Stories | Vimarsana

As countries sit on shaky foundations, tackling corruption in infrastructure is key Image Corruption exists in all sectors and its impacts are universally negative, but corruption in public infrastructure is particularly nefarious for low-income countries. Infrastructure accounts for a higher share of GDP and institutional structures may be less stable. Estimates of losses to bribery in construction, which lies downstream from procurement, are as high as 45 percent of construction costs. With the COVID-19 pandemic putting immense health, social and economic strain to an already fragile global economy, mitigating corruption in infrastructure is now more critical than ever. As much as $3-4 trillion annually will be needed globally through 2030 to meet the infrastructure needs of the 1.2 billion people who lack electricity; the 663 million who lack adequate drinking water sources; the 1 billion who live more than two kilometers from an all-weather road; and the many millions who are

Colombia society of engineersInfrastructure transparency initiative coEnhancing government effectivenessFight against corruptionInfrastructure transparency initiativeColombia societyOpen contractingOpen contracting data standardகொலம்பியா சமூகம் ஆஃப் பொறியாளர்கள்உள்கட்டமைப்பு வெளிப்படைத்தன்மை முயற்சி இணைமேம்படுத்துகிறது அரசு செயல்திறன்சண்டை எதிராக ஊழல்உள்கட்டமைப்பு வெளிப்படைத்தன்மை முயற்சிகொலம்பியா சமூகம்திறந்த ஒப்பந்தம்திறந்த ஒப்பந்தம் தகவல்கள் தரநிலை