International Anti-Corruption Day Celebrations On 9th December 2018 Theme

International Anti-Corruption Day Celebrations On 9th December 2018 Theme, Details, Aim, Highlights

The International Anti-Corruption Day (IACD) is celebrated on 9th December every year to raise public awareness of corruption and what people can do to fight it.

The International Anti-Corruption Day (IACD) observance aims to promote and strengthen measures to prevent and combat corruption more efficiently and effectively. The day also marks the role of the United Nations Convention against Corruption in combating and preventing it. '

The International Anti-Corruption Day (IACD) 2018 theme is “United against Corruption for Development, Peace, and Security”.

The International Anti-Corruption Day (IACD) was declared by UN General Assembly (UNGA) by passing resolution 58/4 of 31st October 2003. It was adopted to spread people’s awareness of corruption and the role of the United Nations Convention against Corruption (UNCAC) in combating and preventing it.

The UNCAC is the first legally binding, international anti-corruption instrument that provides a chance to mount a global response to corruption.

Background

Corruption is a major crime that can undermine social and economic development in all societies. No country, region or community is immune to corruption.

According to the According to the United Nations Development Programme (UNDP), every year $1 trillion is paid in bribes while an estimated $2.6 trillion are stolen annually through corruption-a sum equivalent to more than 5 percent of the global GDP.

In developing countries, the funds lost to corruption are estimated at 10 times the amount of official development assistance.