The International Monetary Fund (IMF) highlighted persistent corruption challenges in Pakistan, warning that systemic weaknesses across state institutions could limit economic growth unless urgent reforms are undertaken, Dawn reported. The IMF’s Governance and Corruption Diagnostic Assessment (GCDA) is a prerequisite for its executive board to approve a $1.2 billion disbursement, expected next month. The report, as cited by Dawn, estimates that Pakistan could see GDP growth rise by 5 to 6.5% over five years if a comprehensive governance reform package is implemented within three to six months. Among the recommendations is an end to preferential treatment for influential public sector entities in government contracts, alongside greater transparency in the operations of the Special Inves
Pakistan’s economic forecast: GDP could grow 5%-6.5%; IMF flags corruption risks
The Times of India1 hrs ago
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