• Lender’s Governance and Corruption Diagnostic Assessment proposes 15-point reform plan
• Calls for tighter limits on govt’s financial powers
• Demands first public annual report of SIFC, concessions granted
• Points to opaque tax system, intrusive regulations, weak independent regulators
ISLAMABAD: 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 demanded immediate initiation of a 15-point reform agenda to improve transparency, fairness and integrity.
The report, publication of which is a precondition for the IMF executive board’s approval of a $1.2 billion disbursement next month, estimates that Pakistan could boost economic growth
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