The World Bank Group (WBG) has recognised that the response to the coronavirus crisis is likely to increase corruption risks and practices that contribute to illicit financial flows (IFFs), and may also introduce new risks according to two senior WBG officials.

Giuliana Dunham Irving and Ryan Velandria McCarthy say in a joint blog that the increased risks reflected in the crisis underscore the importance of international coordination in the fight against corruption, and they are particularly concerned that so far there has been too little emphasis on the recipients of bribes and favours.

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