The International Monetary Fund (IMF), in its long-awaited Governance and Corruption Diagnostic Assessment (GCDA), has highlighted persistent corruption challenges in Pakistan driven by systemic weaknesses across state institutions and called for urgent structural reforms, Dawn reported.

The publication of the report is a precondition for the IMF executive board’s approval of a USD 1.2 billion disbursement expected next month.

According to Dawn, the GCDA estimates that Pakistan could raise economic growth by 5 to 6.5 per cent over five years if it begins implementing a comprehensive package of governance reforms within the next three to six months.

The report presses for an end to preferential treatment for influential public sector entities in government contracts and demands transpare

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