Guyana has received a lower ranking for public sector corruption, which the local transparency watchdog said does not bode well for investor confidence as it urged reforms to ensure greater accountability by public officials.
According to the 2011 Transparency International (TI) Corruption Perceptions Index, released yesterday, Guyana edged closer to a “highly corrupt” profile with a ranking of 134 out of 183 countries that were surveyed on perceived levels of public sector corruption. Last year, Guyana was ranked 116 out of the 178 countries that were surveyed, representing a slight improvement over the year before.
Based on five surveys, the country received a score of 2.5 out of 10—compared with 2.7 out of 10 last year—on a scale that