In Only 5 Years, The Assets Of Pakistan’s Lawmakers Almost Doubled

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During the last five fiscal years, the wealth of Pakistan’s 1,170 lawmakers soared by 85%.

In 2015, it was estimated that the combined wealth of all 1,170 members of parliament (from both the upper and lower chambers and the provincial assembly) was around Rs49 billion, or about $314 million.

Their fortune increased to almost Rs91 billion ($570 million) by 2019-20.

Parliamentarians’ tax returns filed to the Federal Board of Revenue, the Election Commission of Pakistan, and other official sources, as well as their wages and any other income they may get.

The assets of the lawmakers’ dependant family members were also counted.

In the 2018–19 fiscal year, lawmakers had a combined net worth of Rs79.8 billion, an amount that grew by Rs12 billion (15%) to Rs91 billion in the 2019–20 fiscal year, or by an average of Rs10 million for each politician.

Senior officials from the Federal Board of Revenue (FBR), the political finance wing of the Election Commission of Pakistan (ECP), the Director General Intelligence and Investigation (IR), and other official sources conducted an independent assessment that found evidence that the lawmakers hold assets both inside and outside of the country.

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