Islamabad [Pakistan] December 3 (ANI): The International Monetary Fund (IMF) has delivered a damning indictment of Pakistan's governance system, highlighting how elite manipulation, weak institutions, and political patronage continue to undermine the country's economic stability. The IMF's Governance and Corruption Diagnostic Assessment (GCDA) shifts focus from the Fund's usual fiscal prescriptions to a comprehensive evaluation of corruption and institutional decay in Pakistan, as reported by Dawn.

According to Dawn, the IMF study identifies critical governance gaps in the rule of law, public procurement, taxation, fiscal management, and state-owned enterprises (SOEs). The report describes a governance landscape dominated by influential power networks that exploit public resources for p

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