Asian Peoples' Movement on Debt and Development

A regional alliance of peoples’ movements, community organizations, coalitions, NGOs and networks



ISSUE BRIEF: on the Philippines’ Illicit Financial Flows – Public Money Down the Drain

The Philippines continues to be implicated in heavy illicit financial flows (IFFs), both inbound and outbound, which have been traced largely to the enduring practice of trade mispricing or the under/over-reporting of trade transactions.

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