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Pakistan jumps to 116 in Corruption Perception Index 2016

04:09 PM | 25 Jan, 2017
Pakistan jumps to 116 in Corruption Perception Index 2016
BERLIN – Pakistan has slightly improved its position, climbing up to the 116th rank out of 176 countries in a corruption ranking, Corruption Perception Index (CPI) 2016, released by Transparency International.

The annual ranking was released today (Wednesday) in which Pakistan CPI 2016 score has increased by 2 points from 30 to 32 out of 100. The country had secured 29 points in 2014, 28 in 2013 and 27 in 2012.

In CPI 2016, Pakistan has improved to 61st most corrupt country in 176 countries from 52nd most corrupt country in 168 countries in 2015.

"Though Pakistan has fared better than its neighboring countries in curbing corruption, but a great deal more needs to be done to improve Pakistan’s rank in the CPI," a TI press release stated.

Neighbouring India and China shared the 79th rank with a score of 40, while Afghanistan was ranked 169 with 15 points.

“Denmark and New Zealand perform the best with scores of 90, closely followed by Finland (89) and Sweden (88). Although no country is free of corruption, the countries at the top share characteristics of open government, press freedom, civil liberties and independent judicial systems.”

2016 showed that around the world-systemic corruption and social inequality reinforce each other, leading to popular disenchantment with political establishments and providing a fertile ground for the rise of populist politicians.

What needs to be done

Technical fixes to specific anti-corruption legislation are not enough. What is urgently needed are deep-rooted systemic reforms that even up the growing imbalance of power and wealth by empowering citizens to stop the widespread impunity for corruption, hold the powerful to account, and have a real say in the decisions that affect their daily lives.

These reforms must include the disclosure through public registries of who owns companies as well as sanctions for professional enablers who are complicit in moving corrupt money flows across borders.

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Pakistani rupee rate against US Dollar, Euro, Pound, Riyal - Check 20 April forex rates

Pakistani currency remains marginally same against US Dollar and other currencies on April 20, 2024. US dollar was being quoted at 277.5 for buying and 280.5 for selling.

Euro comes down to 293 for buying and 296 for selling while British Pound stands at 342.25 for buying, and 345.65 for selling.

UAE Dirham AED was at 75.25 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 20 April 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 277.5 280.5
Euro EUR 293 296
UK Pound Sterling GBP 342.5 346
U.A.E Dirham AED 75.2 75.9
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 740.55 748.55
Canadian Dollar CAD 201 203
China Yuan CNY 38.47 38.87
Danish Krone DKK 39.78 40.18
Hong Kong Dollar HKD 35.53 35.88
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 903.11 912.11
Malaysian Ringgit MYR 58.08 58.68
New Zealand Dollar NZD 164.22 166.22
Norwegians Krone NOK 25.61 25.91
Omani Riyal OMR 723.2 731.2
Qatari Riyal QAR 76.45 77.15
Singapore Dollar SGD 204.5 206.5
Swedish Korona SEK 25.31 25.61
Swiss Franc CHF 305.47 307.97
Thai Bhat THB 7.56 7.71

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