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‘Elite capture’: How Pakistan is losing 6 percent of its GDP to corruption | Business and Economy

Islamabad, Pakistan – A new assessment by the International Monetary Fund (IMF) has concluded that corruption in Pakistan is behind an economic crisis driven by “state capture” – where public policy is manipulated to benefit a narrow circle of political and business elites. The Governance and Corruption Diagnostic Assessment (GCDA), finalised in November 2025, presents…

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