CORRUPTION IS ONE OF THE

BIGGEST IMPEDIMENTS TO
“DON’T
ECONOMIC AND SOCIAL
DEVELOPMENT IN
STEAL
PHILIPPINES.
GOVERNMENT
HATES CORRUPTION
PHILIPPINES

COMPETITION”
Corruption is the abuse of entrusted power
for private gain. It can be classified as Corruption is the abuse of entrusted power for
grand, petty and political, depending on the private gain. It can be classified as grand, petty
amounts of money lost and the sector where and political, depending on the amounts of
it occurs. money lost and the sector where it occurs.
Corruption plagues the customs
administration, and fraud
BRIBERY Political corruption is a manipulation of
routinely occurs for companies
when filing import and exportpolicies, institutions and rules of procedure
documentation in the allocation of resources and financing
Corruption is the abuse of entrusted powerby political decision makers, who abuse
for private gain. It can be classified as their position to sustain their power, status
grand, petty and political, depending on theand wealth.
amounts of money lost and the sectorcorruption
High where levels severely
it occurs. restrict the efficiency of
businesses operating in the
Philippines. Extensive bribery
within the public
administration and vague and
complex laws make foreign
companies vulnerable to
extortion and manipulation by
public officials.
CORRUPTION IS ONE OF THE
BIGGEST IMPEDIMENTS TO
ECONOMIC AND SOCIAL
“DON’T
DEVELOPMENT IN
PHILIPPINES. STEAL
GOVERNMENT CORRUPTION
PHILIPPINES

HATES
COMPETITION”