A recent report by IMF shows that corruption costs Pakistan up to 6.5% of its GDP. While Rs. 5.3 trillion has been recovered over the past two years, this only represents a small part of the total losses. Corruption continues at all levels of government, slowing economic growth and reducing public trust.
The report explains how powerful elites influence policies and manipulate markets for their own benefit. For example, the sugar sector has seen rules and regulations being shaped in favor of a few wealthy individuals, affecting prices and availability for the public. Weak courts, inefficient oversight, and fragmented accountability institutions make it easier for corruption to continue unchecked.
The IMF recommends a series of governance reforms over the next five years. These include transparent judicial appointments, stronger anti-corruption institutions and fair enforcement of laws.
Such measures could increase Pakistan’s GDP by 5–6.5%, improve economic growth, and restore confidence among citizens and investors.
The report emphasizes that tackling corruption is not just about recovering money—it is about creating a system where rules are applied fairly, resources are used properly and everyone has equal opportunities.
By improving governance and accountability, Pakistan can strengthen its institutions, reduce elite influence and promote sustainable development.
Experts say that following these recommendations can help Pakistan rebuild public trust, attract investment and create long-term economic stability. Without reforms, corruption risks will continue to limit the country’s growth potential and undermine confidence in public institutions.
