2.6 per cent of GDP expected to be lost to corruption: survey
Play
As much as 2.6 per cent of Thailand's GDP - or Bt329 billion - is likely to be lost to corruption this year, according to an estimate based on a survey on 2,400 people from the public and private sectors.
The corruption situation is getting worse despite higher public awareness about the problem.
People in the private sector admitted that they needed to pay more bribes to government officials and politicians to facilitate their businesses operations and win government contracts, the survey by the University of the Thai Chamber of Commerce (UTCC) has found.
The survey was conducted on 2,400 people in the business, public and government sectors.
The Nation
