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Wednesday, December 3, 2014

Pakistan Improves Its Corruption Index Ranking-- TI








Pakistan's ranking in Corruption Perception Index (CPI) has improved and Transparency International has expressed hope that Islamabad will work more vigorously to combat the menace. The TI described Pakistan's CPI score 29 out of 100 and of 126 among the 175 countries as the best. The country has never achieved this distinction before since the first CPI was issued in 1995. In the 20th edition of CPI, score for China (36), Turkey (45), and Angola (19) were among the biggest fallers with drop of four to five points. More than two-third of the 175 countries in the CPI-2014 have scored below 50, on a scale from 0 (perceived to be highly corrupt) to 100 very clean. Denmark come out on top of the list this year with a score of 92 while North Korea and Somalia share last place scoring just eight. The scores of several countries rose or fell by four points or more. The biggest falls were in Turkey (-5), and Rwanda, China, Angola and Malawi(-4). The biggest improvers were Cote de Ivory, Afghanistan, Egypt, Saint Vincent, Grenadines, Swaziland, Jordan, and Mali. This January leaked documents showed 22,000 offshore clients from China and Hong Kong, including many of country's leaders. Corruption and money laundering are also big problems for BRIC countries- Brazil, India and China. This report has raised question question over the use of secret companies by a major oil company to bribe politicians in Brazil (which scores 43), and about Indians (38), using bank accounts in Mauritius (54), Russians (27) doing the same in Cyprus (63). While top performer Denmark has strong rule of law and clear rules governing the behaviour of those in high public positions.

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