Corrupt practices threaten market integrity, undermine fair competition, deter foreign investment, and undermine public confidence and the rule of law
Jakarta (ANTARA) - The United Kingdom (UK) and Indonesia are working hand in glove in corruption prevention initiatives through the Global Anti-Corruption Program worth 45 million pound sterling.

According to a statement from the UK Embassy in Jakarta, Monday, the British government is implementing the global program on corruption prevention initiatives in several countries, including Indonesia, with the objective of stepping up the capacity of authorities to fight corruption, promote business integrity, boost transparency of ownership benefits, and digitize public procurement.

The activities conducted through the Global Anti-Corruption Program complement the UK government's Anti-Corruption Strategy for the 2017-2022 period, during which the UK will cooperate with other nations to act to combat corruption and bring about an improvement in the global business environment.

"Corrupt practices threaten market integrity, undermine fair competition, deter foreign investment, and undermine public confidence and the rule of law," British Deputy Ambassador to Indonesia Rob Fenn stated.

In the meantime, in its efforts to stem out corruption in the country, Indonesia has achieved notable progress in the fight against corruption through the implementation of the United Nations Convention Against Corruption (UNCAC) that has been ratified by the Indonesian government since 2006.

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Law enforcement actions have been revved up through various arrests and prosecutions, but fighting corruption in Indonesia remains a major challenge due to the systemic nature of corrupt practices that have remained embedded in several sectors.

Presidential Regulation No. 54 of 2018 on the National Strategy for Corruption Prevention stipulates three priority areas for the prevention of corruption, specifically licensing and trade; state finances; and law enforcement and bureaucratic reform.

The strategy is deemed effective in catering to the need to bolster corruption prevention in the private sector and develop a culture and practice of business integrity. (INE)

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Reporter: Yuni Arisandy Sinaga/Yashinta
Editor: Azis Kurmala
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