‘Cor­rup­tion huge hur­dle for na­tion’

Pres­i­dent urges all seg­ments of so­ci­ety to put an end to cor­rup­tion

Gulf News - - Pakistan -

Pak­istan Pres­i­dent Dr Arif Alvi said cor­rup­tion hurts the econ­omy as well as busi­ness, adding that such economies re­main stymied and un­able to func­tion prop­erly, be­cause of graft that pre­vents the free func­tion­ing of mar­ket dy­nam­ics.

“Although it has wide­spread im­pli­ca­tions on our lives, the econ­omy bears the main brunt and in turn sab­o­tages the pros­per­ity of the na­tion,” Dr Alvi said in a mes­sage on In­ter­na­tional Anti-Cor­rup­tion Day, marked on De­cem­ber 9 since the rat­i­fi­ca­tion of the United Na­tions Con­ven­tion against cor­rup­tion on Oc­to­ber 31, 2003, to raise pub­lic aware­ness against fi­nan­cial crimes.

The pres­i­dent noted that cor­rup­tion in a na­tion’s po­lit­i­cal and eco­nomic op­er­a­tions caused its en­tire so­ci­ety to suf­fer.

“Each year, bil­lions of ru­pees of the pub­lic money are lost be­cause of cor­rup­tion in the form of em­bez­zle­ments, bribes and mis­ap­pro­pri­a­tion of funds, which di­rectly af­fect the abil­ity of the gov­ern­ment to pro­vide even proper ba­sic ser­vices to the pub­lic and de­nies them their fun­da­men­tal rights,” he added, not­ing that the sheer scale of the chal­lenge called for com­bined ef­forts to con­front it.

“The gov­ern­ment is com­mit­ted to erad­i­cat­ing this can­cer. The Na­tional Ac­count­abil­ity Bureau (NAB) alone can­not win this fight,” he added.

The pres­i­dent urged all seg­ments of so­ci­ety to stand to­gether in con­tribut­ing to ef­forts in putting an end to cor­rup­tion. He said cor­rup­tion was one of the world’s great­est chal­lenges and a ma­jor hin­drance against de­vel­op­ment and pros­per­ity, and cor­ro­sive for the very fab­ric of so­ci­ety and eco­nomic pros­per­ity.

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