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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

After the briefing, SAPM Umar took an unusual stance and told the robotic surgeon, “Baki cheezein aap se PA decide kar ley ga,” leaving the decision on everything else to the Principal Accounting Officer.

Now, as Pakistanis, we understand the implications of such a statement. However, what’s ironic is that the determined surgeon insisted, saying, “Khan ko aise logon ne chalne nahi diya bas” – expressing frustration that individuals like him weren’t allowing Khan to govern freely.

It’s not about the ruler; it’s about the financial dynamics within this governance system. Corruption tends to decrease when Pakistan is under an IMF program due to heightened oversight and transparency. On the other hand, the cycle of printing money, securing loans, and initiating projects, sometimes leading to corruption, remains a concern. This highlights the need for strong fiscal management, efficient project oversight, and robust anti-corruption measures to ensure sustainable economic development.

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