Corruption is commonly termed as “misuse of public office for private gain”. It has adverse implications for development and governance initiatives. Such as, creating doubt about the legitimacy of state institutions and credibility of public policies. Therefore, it has become a major challenge in various countries. The menace of corruption is rampant and deep rooted in developing countries like Pakistan. Even though, anti-corruption initiatives are high priority agenda in some economies, most of combating reforms seem to bring little or no improvement in international rankings. Hence, it requires having in-depth knowledge about the dynamics of anti-corruption and understanding so-called rankings we want to improve. Here we briefly review important aspects with reference to Pakistan. Pakistan has struggled with high levels of corruption since its inception. Different political regimes have taken various initiatives to combat this evil. In particular, there was introduction of anti-corruption acts and establishment of anti-corruption institutes. Such as , Special Anti – Corruption Establishment (1947), Federal Investigation Agency (FIA, 1975), Accountability Bureau (1997) and National Accountability Bureau (NAB, 1997) etc. According to the Corruption Perception Index by Transparency International, Pakistan’s rank in 1996 was the second most corrupt country.