According to Transparency International, Germany released Corruption Perceptions Index (CPI) 2016 today, corruption in Pakistan declined over the past year.
The Corruption Perceptions Index (CPI) 2016 reveals that Pakistan’s CPI score improved by two points from 30 to 32 out of 100. The country’s rank in the CPI 2016 improved by nine (09) spots, to 61 in the list of most corrupt countries among 176 countries in 2016, from 52 among 168 countries in 2015.
For the first time since 1996 (when the first CPI was published), Pakistan climbed up from the lowest one-third corrupt countries to the middle one-third countries in 2016.
Pakistan fared better than most of its South Asian counterparts, coming in second after China in reducing corruption.
Comparison of data for Asia Pacific Region and neighboring countries ranks Pakistan (116) higher than Nepal (131), Iran (131), Bangladesh (145), Turkmenistan (154), Uzbekistan (156) and Afghanistan (169)
Each year Transparency International scores countries on how corrupt their public sectors are seen to be, after capturing the informed views of analysts, businesspeople and experts in countries around the world. 13 highly reliable and credible sources have been used by TI to prepare 2016 rankings including assessments of Word Bank, Economists Intelligence Unit and others.
It may be noted that Pakistan has been facing severe issues like terrorism and political instability over the years, however, the present government has considerably stabilized the economy and curbed terrorism. These measures have increased foreign investment and the pace of infrastructure development. The Government has also adopted transparency in award of contracts for development projects thereby increasing investor confidence.