Connect with us

Latest News

Pakistan falls two places in the rankings of global corruption.

Published

on

According to Transparency International’s 2024 report, which was made public on Tuesday, Pakistan dropped two spots to 135th place out of 180 nations in the organization’s most recent Corruption Perception Index (CPI).

With a lower score than before (27 out of 100), the South Asian country is now ranked 46th in the world for corruption. This marks a continued decline from 2023, when Pakistan ranked 133rd with a marginally better score.

The annual assessment, which draws data from eight different sources, revealed deteriorating performances across multiple indicators. The Varieties of Democracy Project showed Pakistan’s score dropping from 20 to 14, while the Economics Intelligence Unit reported a decrease from 20 to 18 points.

Pakistan’s score dropped from 45 to 33 points in the World Economic Survey, indicating that metrics for openness and governance are challenging.

India placed 96th in regional comparisons, outperforming Pakistan by 39 spots. Afghanistan came in at 165th in the worldwide ranking, while Bangladesh came in at 151st.

Denmark remained the least corrupt country in the world, with Finland and Singapore following closely behind. On the opposite extreme, the nations with the highest rates of corruption were South Sudan, Somalia, and Venezuela.

The study also highlighted the link between climate change and corruption, citing Pakistan as one of numerous countries dealing with both issues. Transparency International emphasised the necessity of strong, open systems for efficiently managing monies related to climate change.

Business

E&P Companies Will Invest $5 Billion in Pakistan’s Petroleum Industry

Published

on

By

Over the next three years, local and foreign companies involved in Pakistan’s oil and gas exploration and production sector have shown a strong desire to invest more than $5 billion in the nation’s energy sector.

Recent changes to the Petroleum Policy and the implementation of an exclusive tight gas policy, which provide better incentives and a more investor-friendly regulatory framework, are credited with the increase in investor confidence.

These strategic changes are expected to boost domestic energy production, open up new avenues for growth, and draw large amounts of both domestic and foreign investment.

Continue Reading

Latest News

PTI Encouraged Chaos and Sabotage: Rana Tanveer

Published

on

By

According to Rana Tanveer Hussain, the federal minister for food security, PTI encouraged violence, disorder, vandalism, and derogatory language in the nation’s politics.

The Minister told the reporters at Muridke that the founder PTI’s anti-nationalism and sabotage tactics are clear.

After Eid, he claimed, there won’t be any opposition movement since their leaders are still considering

According to the Minister, PTI is a tale of the past with a bleak future.

Additionally, he stated that the PTI has a history of flinging insults on one side and pleading on the other.

Rana Tanveer Hussain stated that the courts, not Trump, ought to determine what the PTI founder done to the nation.

Farmers would profit from the deregulation of commodity prices, especially those of wheat, according to the minister.

Continue Reading

Latest News

DPM Restates Abundant Support for the Palestinian Cause

Published

on

By

Senator Muhammad Ishaq Dar, the country’s foreign minister and deputy prime minister, has reiterated Pakistan’s steadfast support for the Palestinian cause.

He made the statement while meeting with his Palestinian counterpart, Dr. Mohammed Mustafa, on the fringes of the Organization of Islamic Cooperation’s Extraordinary Council of Foreign Ministers meeting in Jeddah, Saudi Arabia.

Ishaq Dar reaffirmed Pakistan’s support for the creation of a viable, contiguous Palestinian state with Jerusalem as its capital, based on pre-1967 lines.

Continue Reading

Trending