Institute for Social & Economic Justice

The long-awaited Governance and Corruption Diagnostic Assessment (GCDA), has highlighted persistent corruption challenges in Pakistan driven by systemic weaknesses across the state institutions

IMF highlights corruption risks across state institutions in Pakistan Lender’s Governance and Corruption Diagnostic Assessment proposes 15-point reform plan; calls for tighter limits on govt’s financial powers.

https://www.cadtm.org/Why-are-the-BRICS-countries-not-condemning-the-ongoing-genocide-in-Gaza

Why are the BRICS countries not condemning the ongoing genocide in Gaza ? – CADTM The BRICS countries (Brazil, Russia, India, China and South Africa), which have admitted five more states (Egypt, the United Arab Emirates, Ethiopia, Indonesia and Iran), met in Rio de Janeiro on 6…

https://jeddojehad.com/archives/53469?fbclid=IwZXh0bgNhZW0CMTEAAR5eYjaGIpurQsr-95-fDc6na9ruNiS2KmCkab3hbTFgYD7tF17z1RIOWh8EPw_aem_ItVctg-mocvq6mSKLMKEdQ

پاکستان کے قرضوں کا بھنور: نصف بجٹ قرضوں کی ادائیگی پر خرچ ہو گا - روزنامہ جدوجہد ہم یہ توقع کر رہے تھے کہ 2025 میں پاکستان کی مالی صورتحال کا نمایاں پہلو یہ ہوگا کہ قومی بجٹ (2025-26) کا ایک بڑا حصہ قرضوں کی ادائیگی اور دفاعی اخراجات کے لیے مختص کیا جائے گ...

https://www.cadtm.org/As-the-debt-spiral-speeds-half-of-Pakistan-s-budget-goes-to-loans-retirement

As the debt spiral speeds, half of Pakistan's budget goes to loans' retirement. – CADTM We expect Pakistan's fiscal situation in 2025 to be characterised by a significant allocation of its national budget (2025–26) towards debt servicing and defence expenditures. This situation raises…

https://youtu.be/9AJa013VufE?si=waIHdfeyqjFDNfp4

What Pakistan’s Debt Dilemma Reveals About Looming Global Default Crisis | Debt Bomb | Full Episode According to the IMF, debt is at the highest level in decades. With high interest rates and a global economic slowdown, 60 percent of low-income countries ar...

World Bank's silence on forced disappearance is a violation of its principles

The World Bank has failed to ensure that Pakistan meets the conditions of human rights and governance required by the bank's framework from a borrowing country.

Despite terms of ensuring transparency, inclusion of vulnerable sections and social protection, the bank is ignoring human rights violations and democratic principles in Pakistan.

Important issues and measures to be taken:
1. Environmental and Social Framework (ESF):
• Violations such as Dasu Hydro Power Project include forcible eviction of people from their lands and insufficient compensation.
• Measures: Suspend projects that do not meet bank requirements, conduct independent audits, and provide direct compensation to affected communities.
2. The Policies of Good Governance:
• In Balochistan, measures like forced disappearances are considered as violations of human rights, these incidents are a violation of the principles of good governance and rule of law.
• Measures: Conduct transparent investigations of incurred disappearance incidents with loans, make independent surveillance mandatory, and include human rights goals in loans.
3. Involving and empowering the weaker sections:
• Backward groups like minorities and women face discrimination.
• Measures: Make their inclusion in projects mandatory, partner with civil societies, and improve grievances redressal systems.
4. Democratic Pressure:
• Media censorship and suppression of opposition voices is a violation of democratic principles.
• Measures: condition funding with media freedom, judicial sovereignty and fair elections and pressure countries borrowing for institutional reforms.

More of the orders:
• Implement human rights goals in loans and impose penalties for violations.
• Establish an independent institution to monitor compliance.
• Allocate funds for institutional reforms and capacity building.
• Cooperate with international organizations to comply with global human rights standards.

The World Bank needs to take strong steps to ensure Pakistan's human rights, sovereignty and democratic principles in accordance with its mission. Currently, the World Bank is violating its own principles to violate the environment, rule of law and forcibly retrieval of missing citizens. Lee is not playing a role.

Daily Express published special page based on panel discussion organised in connection with Global Week of Action against IFIs 2024

And some by daily Business Recorder

https://epaper.brecorder.com/2024/10/18/4-page/1011832-news.html

Coverage by the daily DAWN

https://epaper.dawn.com/DetailNews.php...

The mainstream media gave due coverage to the protest demonstration, organised yesterday in connection with Global Week of Action against IFIs

https://minutemirror.com.pk/story/?text=2024/10/Page-2_10-3
https://e.thenews.com.pk/lahore/18-10-2024/page14
https://www.express.com.pk/epaper/PoPupwindow.aspx...