Kleptocracy
By News Desk
October 16, 2024
This letter refers to the news report ‘Pakistan lags behind regional peers in living standards: IMF’ (October 12, 2024). According to the IMF, from 2000 to 2022, Pakistan’s GDP per capita grew at an average annual rate of only 1.9 per cent, far lower than other countries in the region.
What a pity that the IMF did not consider one field in which we have left all others miles behind: the average annual growth in the personal wealth of our leaders.
SRH Hashmi
Karachi
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