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US Treasury Urges South Africa To Combat Corruption

U.S. Deputy Treasury Secretary Wally Adeyemo speaks at the Royal United Services Institute in London

The United States Treasury's Deputy Secretary recently met with officials in South Africa to discuss the importance of enhancing efforts to combat corruption within the country. During the meeting, the Deputy Secretary emphasized the need for South Africa to strengthen its anti-corruption measures in order to promote transparency and accountability.

Corruption has long been a significant issue in South Africa, impacting various sectors of society and hindering economic growth. The US Treasury's No. 2 highlighted the importance of taking decisive action to address corruption and ensure that public funds are used for their intended purposes.

Furthermore, the Deputy Secretary expressed support for South Africa's ongoing efforts to combat corruption, while also urging the country to implement additional measures to enhance transparency and accountability. The US Treasury's No. 2 emphasized the importance of strong governance and effective anti-corruption mechanisms in fostering a conducive environment for economic development and investment.

South Africa has made some progress in addressing corruption in recent years, including the establishment of anti-corruption agencies and the prosecution of high-profile cases. However, challenges remain, and the US Treasury's Deputy Secretary encouraged South Africa to continue its anti-corruption efforts and strengthen its institutional capacity to combat this pervasive issue.

Overall, the meeting between US Treasury officials and South African authorities underscored the shared commitment to promoting integrity and combating corruption. The US Treasury's No. 2 reiterated the importance of sustained efforts to address corruption and emphasized the need for collaboration between the two countries to advance this critical goal.

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