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Countries get bankrupted when country’s leadership is corrupt: PM Imran

MM News Staff by MM News Staff
June 6, 2021
Reading Time: 2 mins read
Countries get bankrupted when country’s leadership is corrupt: PM Imran

Countries get bankrupted when country’s leadership is corrupt: PM Imran

ISLAMABAD: Prime Minister Imran Khan has asserted that countries get bankrupted and indebted when the head of state or government and the ministers are corrupt, not due to bribes accepted by low-level officials.

Taking to Twitter today (Sunday), the premier wrote, “When low-level officials take bribes it creates problems for the citizens as speed money is like a tax on them but countries get bankrupted and indebted when the head of state/govt and his ministers are corrupt.”

He also shared an excerpt to of a “Memorandum on Establishing the Fight Against Corruption as a Core United States National Security Interest” recently issued by US President Joe Biden, directing his senior officials to conduct an interagency review process and develop a presidential strategy to improve the ability of executive departments to promote good governance, combat all forms of illicit finance, hold accountable corrupt elements and their facilitators.

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According to the Memorandum, “Corruption corrodes public trust; hobbles effective governance; distorts markets and equitable access to services; undercuts development efforts; contributes to national fragility, extremism, and migration; and provides authoritarian leaders a means to undermine democracies worldwide.”

“When leaders steal from their nations’ citizens or oligarchs flout the rule of law, economic growth slows, inequality widens, and trust in government plummets.”

On the party’s 25th Foundation Day this year in April, the prime minister said that Pakistan Tehreek-e-Insaf (PIT) is the only political entity in the country’s history to launch a campaign against corruption.

Meanwhile, Pakistan seems to have slipped further in 2020, instead of improving in global corruption rankings. According to a January report, corruption in Pakistan is perceived to have increased compared to 2019, with the country ranking 124 out of 180 countries on a global corruption perceptions list prepared by Transparency International (TI).

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