G8 Genoa Communique

Sectors : Economic governance and public finance management, Institutional development, Political governance
Organisation : G8
Date made: 
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Commitments in: Governance - Economic governance and public finance management

"...we shall help developing countries promote:
• accountability and transparency in the public sector
• legal frameworks and corporate governance regimes to fight corruption
• safeguards against the misappropriation of public funds and their diversion into non-productive uses
• access to legal systems for all citizens, independence of the judiciary, and legal provisions enabling private sector activity
• active involvement of civil society and Non Governmental Organisations (NGOs)
• freedom of economic activities.

We, for our part, will:
• implement fully the OECD Bribery Convention
• support efforts in the UN to pursue an effective instrument against corruption
• encourage Multilateral Development Banks (MDBs) to help recipient countries strengthen public expenditure and budget management."