Corruption diagnostic
THE IMF’s corruption and governance report rightly emphasises the importance of transparency as an important tool in combating corruption. There is obviously far more to it but transparency promises greater bang for…
Battling corruption
The IMF’s recent report on corruption in Pakistan neither offers a fresh insight on already known patterns of graft nor provides guidance for fresh solutions to tackle a challenge that…
AI against corruption
Corruption continues to be one of Pakistan's most pressing issues, undermining governance, slowing economic growth, and eroding public trust in state institutions. Transparency International annually releases the Corruption Perceptions Index…
Challenges of corruption and incompetence
Renowned Pakistan-American economist Atif Mian stirred up a debate on Wednesday last by putting up a Twitter poll about the challenges of corruption and incompetence being faced by developing countries…
Corruption, crime, chaos, Karachi
On gaining independence, Karachi – a modest trading post with 450,000 inhabitants – became the capital city of Pakistan. Over the years, it welcomed all into its magnanimous fold. Today,…
Oil: ‘Mother of corruption’ in Venezuela
Corruption in Venezuela’s oil industry is a many-headed monster that has devoured billions of dollars in taxpayers’ money in the past 20 years, experts say. Long the country’s only notable…
Breaking the chain of corruption — Part – I
Anti-corruption measures can only have cumulative success if they are part and parcel of good governance. In the absence of good governance, anti-corruption measures cannot develop any longer-term momentum even…
Corruption, justice and accountability
Pakistan’s ranking on the global Corruption Perceptions Index (CPI), announced this week by the Berlin-based corruption watchdog, Transparency International, shows that during 2023 the country’s ranking was 133 while the…
Xi’s corruption crackdown targets embattled finance sector
Xi Jinping’s crackdown on official corruption has ripped through a secretive missile force, the Communist Party elite, the national football team, and now risks hammering a finance industry already grappling…
The corruption challenge
The Federal Board of Revenue (FBR) issued regulations granting banks access to asset declarations of high-level federal civil servants for purposes of AML/CFT compliance of customer due diligence in February…
