(MENAFN) Zambia was revealed to have called on the World Bank, asking for it to lend a hand in stopping illegal financial flows the country is struggling with.
Zambian Minister of Finance Margaret Mwanakatwe has made the appeal during the opening of the 2018 World Bank/International Monetary Fund (IMF) Spring Meetings in the US.
The minister explained how the issue remains a major problem to the country that requires intensive measures for it to be properly managed.
The Zambian Financial Ministry issued a statement citing Mwanakatwe as saying "in order to eradicate the scourge, the World Bank must play a critical role in supporting the identification, tracking and prevention of infusion of illicit financial flows in local financial systems."
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