Afghanistan, Nov. 26 -- The IMF's latest governance report exposes Pakistan's deep-rooted corruption, elite capture, and unequal economic privileges, warning that without bold reforms, national stagnation will persist.

The recent International Monetary Fund (IMF) Governance and Corruption Diagnostic Report sheds light on Pakistan's entrenched state corruption, elite capture, and the unique economic privileges enjoyed by senior leadership especially within the politics and military. The report warns that unless radical reforms target these systemic deficiencies, Pakistan's present crisis of development will persist, locking the country in dependency and stagnation. Nowhere is the institutional decay more clear than in the distribution of na...