Wednesday, October 19, 2005

ARMENIA RANKS 88 IN CORRUPTION PERCEPTION INDEX

Pan Armenian

19.10.2005 19:51 GMT+04:00

/PanARMENIAN.Net/ Armenia ranks 88 along with Tanzania, India and Moldova in the Transparency International's corruption perceptions index for 2005 with 2.9 score, down from 3.1 out of a possible perfect 10 in 2004 that covered 146 countries. Last year Armenia, Bosnia and Herzegovina and Madagascar shared 82nd place in the rankings based on the extent of corrupt practices perceived by business leaders, academics and risk analysts. The 2005 list ranks Iceland as the least corrupt country. Armenia's neighbors Azerbaijan scored this year 2.2 1. ranking 137-143 and Georgia scored 2.3 ranking 130-136. This year's list covers 159 countries. The annual report by the Berlin-based corruption watchdog was released worldwide today. The report says more than two-thirds of the 159 nations surveyed in Transparency International's 2005 Corruption Perceptions Index (CPI) scored less than 5 out of a clean score of 10, indicating serious levels of corruption in a majority of the countries surveyed. It says the 2005 Index bears witness to the double burden of poverty and corruption borne by the world's least developed countries. "Corruption is a major cause of poverty as well as a barrier to overcoming it," said Transparency International Chairman Peter Eigen. "The two scourges feed off each other, locking their populations in a cycle of misery. Corruption must be vigorously addressed if aid is to make a real difference in freeing people from poverty." Among the countries included in the Index, corruption is perceived as most rampant in Chad, Bangladesh, Turkmenistan, Myanmar and Haiti - also among the poorest countries in the world. The 3-point mark corresponds to Transparency's benchmark for "rampant corruption."

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