Thursday, October 28, 2010

Pakistan gained a higher rank among most corrupted countires ....

As a Nation we may not be accomplishing our goals in several fields but our country has moved up the corruption ladder, claimed 34th position this year as compare to 42th position in 2009 among  most corrupted countries according to Transparency International Report for 2010
Chairman of Transparency International Pakistan Syed Adil Gilani, launched the Corruption Prescriptions Index (CPI) in a press conference at the Karachi Press Club on Tuesday October 26th, 2010.  In the last two years, there have been unprecedented cases of corruption involving billions of rupees in public sector organizations,  predominately Pakistan's Oil and Gas Development Company Limited which made headlines in the recent past when Prime Minister Gillani appointed his jail mate and a convict who was not even a graduate as its managing director, Pakistan Steels, a loss of Rs.22 billions and most prominently Rental Power Plants was on the top. The government awarded 14 contracts in violation of the PPRA rules which caused a loss of over US$ 2 billion.









Within Last two years, Pakistan slipped 13 places, from 47th position to 34th  which is a disgrace for our country as well as for us.  The corruption  has gone up to the level where we can only wait for a miracle to happen. Regrettably, Government of Pakistan is unrepentant and defied any such allegations. As per the report of TI Pakistan, there was a corruption of 35 million dollars (300 billions Rupees) within one year. Due to this degree of corruptness, the foreign investment has decreased to $2.21 billion in 2010 from $3.71 billion the previous year. The foreign debt which increased from $40 billion to $46 billions during 1999 to 2008 has increased up to $53 billion in two years. The Direct impact can be witnessed in shape of 120% rise in food prices.

Comparatively from our neighboring countries, India grabbed 90th rank and Bangladesh, which ranked as the most corrupted between 2001-2003 claimed 39th placement in the Index.  Why is that our country which was on 47th position in 2008 now ranked 34th most corrupted country. I am not partial towards any political party or past governments but as a sensible person and responsible citizen when I look back in time I ask myself a question that the Dictator who brought Pakistan from the 2nd most corrupted rank to 47th position was better then this so called democratic government which is again taking us towards that kettle of fish??....

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