IMF sees 6.5% GDP upside if Pakistan fixes corruption, governance
Cătălin Roșioru
KARACHI :The International Monetary Fund predicts Pakistan could lift its GDP between 5 per cent and 6.5 per cent over five years if it tackles corruption and deep-rooted governance failures. A so-called diagnostic report calls for reforms to taxation, procurement and oversight of Pakistan's revenue authority. The IMF-World Bank report, which was uploaded by Pakistan's finance ministry, offers the most detailed assessment in years of how fragmented regulation, opaque budgeting and political
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