Curbing Government Waste - STAR Businessweek

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THE STAR Businessweek OCTOBER 6, 2018

www.stluciastar.com

Curbing government waste

With Caribbean governments leaking billions from the public purse each year, targeted strategies are needed to cut this waste and spend smarter

The boon of China’s entry into Africa comes with a warning More than 40 African leaders trooped last month to Beijing for the triennial Forum on China-Africa Cooperation. A Kenyan woman joked that, rather than giving them more loans, Xi Jinping, China’s president, should keep all the leaders indefinitely in China instead Page 3

By Catherine Morris, STAR Businessweek Correspondent

As Caribbean countries grow, so too do the needs of their citizenry. More people means more healthcare, more education, more infrastructure — in short, more government services funded by the public purse. Continued on page 4

Time to clean up the London laundromat Denmark and Estonia are in the spotlight over a money laundering scandal that saw billions of dollars of suspicious funds from former Soviet republics pass through a subsidiary of Danske Bank Page 7


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