Pakistan is reconsidering its pledge to fully disclose the UNCAC Country Review Report, despite committing to transparency with the IMF. Prime Minister Shehbaz Sharif has formed a committee decide whether to publish the full report or just its summary, as an IMF mission reviews Pakistan’s reforms for a $1.1 billion tranche under the $7 billion […]
UNCAC
Pakistan gives high priority to eradicating corruption, NAB chief tells UN
NEW YORK: Pakistan attaches high priority to fighting corruption as part of the international commitment to end poverty, curb illicit financial flows and ensure peace and prosperity, Javed Iqbal, chairman of the National Accountability Bureau (NAB), told the United Nations. “We believe that corruption should be prevented in all its forms and a culture of […]
Corruption costs developing countries USD 1.26 trillion per annum
ISLAMABAD: National Accountability Bureau (NAB) Chairman Justice (Retd) Javed Iqbal on Friday said that corruption costs some USD 1.26 trillion to developing countries each year owing to bribery, theft, and tax evasions, which was approximately nine times of the official development assistance funding. Addressing the United Nations General Assembly Special Session against Corruption being held […]