The intelligence agencies played the role of silent spectators when the PPP-led coalition was destroying all state institutions one by one. People from all walks cried hoarse that the rulers were like a bull in china shop, but the institutions which are supposed to be watchful all the time kept mum.

Now while the previous rulers are preparing for the next elections and claiming that they will be back to power, one of these agencies has prepared a report on their bad performance, detailing the damage they caused and problems they created for the country and its 180 million people.

The report, prepared for the caretaker prime minister, says the outgoing setup raised the burden of foreign loans to $70 billion. It also alleged that most of the office bearers of the previous government were involved in corruption and money laundering.

It says articles 62 and 63 should be strictly applied to all those involved in corruption cases. The secret agencies and NAB will provide details of all corruption cases to the Election Commission to enable it to keep such people out of the electoral arena.

Sources say Caretaker Prime Minister Mir Hazar Khan Khoso is likely to meet the chief election commissioner in the coming days to discuss the strategy to make the electoral system free of all flaws.

The report says the governance of the outgoing setup was the worst in the 66-year history of the country. “The previous government committed more than $10 billion corruption during its five-year tenure,” states the report. It says the prices of essential commodities went up by 200 percent while inflation by 80 percent in the last five years compared to the 2002-2007 period. Poverty, during the PPP-led coalition tenure, increased by over 50 percent as people living below the poverty line are now over 75 million.

The report contradicts the previous government’s rhetoric that it took measures to overcome poverty by helping the have-nots. According to the report, rupee depreciated against dollar as the parity changed from Rs 62 to about 100 a dollar during this period. It states that foreign direct investment in the period under review fell to very dangerous level.

The report further says that during the last five years, the country’s industrial growth faced a sharp decline due to extensive power and gas load shedding. It continues that the outgoing government increased fuel prices by 175 percent, which was much higher than increase in petroleum products’ prices in global market.

Referring to the previous government’s performance in the agriculture sector, the report says that per 40/kg wheat price was raised by 100 percent from which the farming community benefited, but it also increased fertilizer prices by 270 percent and electricity tariffs for tube-wells by 320 percent.

Institutions like railways, PIA, OGDCL, Wapda, Drug Regulatory Authority of Pakistan, Capital Development Authority, FBR, Ports and Shipping remained the worst performing institutions and massive irregularities were reported in these institutions.

The report suggests that a forensic audit should be conducted by National Accountability Bureau and FIA, especially of the registered drugs. It further says that railways and PIA need to be restructured before these institutions bring more financial trouble for the government.