Nowadays corruption has become the biggest social issue in Pakistan. 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. Billion of rupees are said to be wasted through corruption which severely restricts the countrys economic growth.
The Transparency Internationals report said that corruption is 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 multimillion dollars projects of 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 Pakistan tax and public finance administration is also affected by corruption in a bad way. The foreign debt rose from $40 bn in 1999 to $46 bn in 2008 and $53 during this year. This rise in debt has occurred only because of corruption. It has become very difficult to finish corruption in the country but still it is not impossible. Accountability of every department of Pakistan is necessary to remove corruption from the country.
MEMOOMA FATIMA
Lahore
