Tag Archives: corruption

Currently Pakistan’s real estate serves as a big pillar in Pakistan economy. According to the World Bank estimate, real estate contributes 60 to 70% of the country’s total wealth and total amount $300 to $400 billion. Unfortunately, since 2017 Pakistan economy is crippling facing politically instability but economic growth of Pakistan remained 5.8 the highest in the history of nine years. Currently the growth rate is 5.5 that effecting economy …

It is not only the challenge of Cvoid-19 pandemic looming on the horizon of country’s economy, but also it is growing size of black economy, outcome of corrupt practices flourishing with dimensions like manipulation of funds allocated for development expenditures, hoarding of essential items of consumption, money laundering, clandestine terror financing, smuggling, under and over invoicing, speculative trading in stock exchange securities and properties and tax evasion etc. Resultantly apart …

COVID-19 threatened the world in each and every sector of their economies and may also increase the chances of corruption as every government nowadays are busy to counter the health crisis. Corruption, the abuse of public office for private gain, it erodes the social contract and corrodes the government’s ability to help grow the economy in a way that benefits all citizens the COVID-19 pandemic has heightened the importance of …