Pakistan's development is impossible without ending corruption: IMF Chief 


ISLAMABAD: Much to the embarrassment of the Finance Minster Ishaq Dar the visiting Chief of the International Monetary Fund has minced no words in saying that Pakistan can never develop without eliminating corruption from the country.

International Monetary Fund (IMF) Managing Director (MD) Christine Lagarde on Tuesday said that economic progress of country was impossible without curbing corruption as the menace would lower youth’s morale and also prove detrimental to foreign investors’ trust in a country.

Holding a joint press conference along with Finance Minister Ishaq Dar, Lagarde said that reforms to curb corruption were vital.

She said that transparency, better use of technology and improved system of retribution could help fighting corruption.

Pakistan has to move fast in the direction of eliminating corruption from all the sectors of economy if it wants to stand in the line of developed nations.


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