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Economy & Markets

Pakistani Corruption a Rare Love Story

The Global Corruption Index is set to release on January 31st. It’s worth noting that Musharraf’s departure placed the country at 143 in the corruption index. The corrupt Zardari government decreased it to 137, achieving a six-level improvement. Nawaz Sharif, considered a thief and dacoit, brought it down to 117 with a twenty-level improvement, and Imran Khan, portrayed as honest and upright, restored it to 140.
During the PDM era, Pakistan maintained its position at 140, and I anticipate that this year, it will either enhance its ranking or remain at the same level without facing a decline.

Pakistan Corrupt Nation

What was the economic team of the PML-N doing during those 5 years?

How did the corruption of the Sharif family make its way into the CPI, while money laundering and the entry of illegal funds are not even considered by the CPI? In June 2013, PML-N took over the government, and at that time, the Zardari government had handed over nearly 127 position. An index of 143 was recorded during the Zardari era in 2010.

From 2013 to 2018, the country was progressing to such an extent that its exports declined so much in the first three years that they could not even reach the 4th and 5th positions, where they were in 2013. On the other hand, during Khan’s fourth year in power, according to World Bank figures, there was an increase of 9 billion dollars in exports.

Certainly, the Transparency Index (commonly known as the Corruption Index) indicates that an increase in a country’s index points corresponds to higher transparency and lower corruption. Here, the graph illustrates that during Imran Khan’s tenure, the transparency graph declined.

According to them, Khan’s era is considered the sole golden period in the 75-year history of Pakistan as they point out corruption index points instead of ranking change. Transparency Perception Index works on the perception of corruption in any country. During Imran Khan’s tenure, as there were more cases against Nawaz Sharif or cases in progress, the perception of corruption was also higher. They think that if a compartive is drawnn between Pakistan and other Governments, their perception would look even worse.

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