Pakistan Economic Reforms: IMF Report Highlights Governance Challenges in Pakistan’s Economy
Persistent Corruption Threatens Economic Stability Despite IMF Program The International Monetary Fund’s Governance and Corruption Diagnostic Assessment (GCDA) for Pakistan reveals systemic governance weaknesses continue to hinder economic progress, even as the country stabilizes under a 7billionExtendedFundFacility(EFF).Thereport,requiredforthereleaseofa7billionExtendedFundFacility(EFF).Thereport,requiredforthereleaseofa1.2 billion tranche, identifies corruption as “a persistent challenge” with severe consequences for public spending efficiency, tax collection, and […]