Corruption is the biggest social issue in Pakistan nowadays. It is increasing day by day which is not good for the development of our country. It would be pertinent to say that our country may not be performing well in several fields but has progressed in corruption from the number 42 in 2009 to 34 in 2010. Billions of rupees are said to be wasted through corruption which severely restricts countrys economic growth. The Transparency International said that corruption was the root cause of nearly all other social evils like extreme poverty, illiteracy, terrorism, extremism, shortage of electricity, soaring inflation and bad governance in Pakistan.
According to Auditor General of Pakistan, massive irregularities have been found in five multi-million dollar rental and independent power projects initiated by Pepco.
According to World Banks Public Expenditure Report there is something wrong or illegal among tax officials. Strong businessmen dont pay tax. So, in this way Pakistans tax and public finance administration is also affected by corruption in a bad way. The foreign debt rose from $40bn in 1999 to $46bn in 2008 and $53 during this year. This rise in debt has also occurred due to corruption. It has become very difficult to end corruption in the country but still it is possible. Accountability of every department of Pakistan is necessary to remove corruption in the country.
MEMOONA FATIMA
Lahore