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Adil Gillani, an advisor for TI Pakistan, observed in 2012 that if Pakistan checked the menace of corruption and ensured good governance, it would not require a single penny from the outside world. The 2008–2013 PPP-led coalition government was criticised as being the most corrupt in the country's history. [ 24 ]
Pakistan's leading economists and financial scholars are uncertain to the causes of stagflation, and many attribute this period to several factors including the state's role in war on terror, corruption, tough monetary policies and several other factors.
The National Reconciliation Ordinance (NRO) was an ordinance issued by the former President of Pakistan, General Pervez Musharraf, on October 5, 2007. [1] It granted amnesty to politicians, political workers and bureaucrats who were accused of corruption, embezzlement, money laundering, murder, and terrorism between 1986 - 2007, the time between three states of martial law in Pakistan.
According to Transparency International, Pakistan is considered one of the most corrupt countries in the world. [2] For the year 2009 it was ranked 139th out of 180 and had a score of 2.4 on the Corruption Perceptions Index. [5]
In the past, this has contributed to a sense of immunity on the part of members of the ruling party, and to a public perception of rampant corruption among leading politicians – in 1997, Pakistan received the second-worst score in the world on Transparency International's Corruption Perceptions Index.
Grand corruption is defined as corruption occurring at the highest levels of government in a way that requires significant subversion of the political, legal and economic systems. Such corruption is commonly found in countries with authoritarian or dictatorial governments but also in those without adequate policing of corruption.
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Military takeover of the federal government of Nawaz Sharif in a bloodless coup. Mass nationwide arrest of PML(N) workers and detainment of PML(N)'s leadership due to the corruption and bad governance of PML(N). Nawaz Sharif and Shahbaz Sharif arrested and later exiled, as a result of an agreement, on 10/11 December 2000. [1]