A new report, Illicit Finacial Flows and Colombia has been published by the Economist Intelligence Unit (EIU) in collaboration with Colombian non-governmental organisation (NGO) Cedetrabajo, and US-based lobby and research group, Global Financial Integrity (GFI).

The report quotes GFI estimates that the Colombian government lost US$2.8 billion in revenue to trade misinvoicing in 2016, revealing a value gap of US$10.8 billion between the trade values reported by Colombia and those reported by all of its trading partners in 2016.

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