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Home Diplomatic

IMF mission in Pakistan for governance and reform review

by Sub News
April 4, 2025
IMF mission in Pakistan for governance and reform review
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Islamabad, April 4, 2025: A delegation from the International Monetary Fund (IMF) has arrived in Pakistan to conduct a comprehensive review focused on governance reforms and anti-corruption efforts.

According to official sources, the IMF team is scheduled to begin meetings with senior Pakistani officials on Monday. The mission aims to provide technical assistance to strengthen Pakistan’s reform capacity, particularly in areas of governance, fiscal discipline, and institutional transparency.

The discussions will include a detailed review of the federal budget proposals for the fiscal year 2025–26, as well as follow-up negotiations on technical support for ongoing reforms.

Key areas of focus during the visit include enhancing tax revenue collection, controlling government expenditure, strengthening governance frameworks and finalizing budgetary proposals in collaboration with the Ministry of Finance.

The federal budget for FY 2025–26 is expected to be presented in the National Assembly during the first week of June.

The IMF recently acknowledged the Pakistani government’s progress in stabilizing the economy. In a statement issued on March 26, the IMF praised Pakistan’s efforts in reducing public debt, curbing inflation, improving tax equity, and maintaining price stability.

Last month, Pakistan and the IMF reached a staff-level agreement for a new $1.3 billion loan arrangement. The deal also included a positive review of the first phase of the ongoing 37-month bailout program, which aims to bolster economic recovery and resilience.

The current IMF visit is seen as a crucial step toward ensuring transparency, fiscal discipline, and long-term economic sustainability.

Tags: FBRFederal Board of RevenueGovernance reformsIMFIMF DelegationIMF MissionInternational Monetary FundIslamabadPakistanSBPState Bank of Pakistantax revenue
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