The IMF has asked Pakistan to provide a detailed report on anti-money laundering measures. The request comes during ongoing talks in the Finance Ministry for the release of the next tranche under the $7 billion loan program.
Officials said the IMF is seeking updates on multiple areas. These include the Governance and Corruption Risk Assessment Report and the establishment of provincial enforcement agencies to curb money laundering and corruption.
The Fund has also asked for details on new legislative steps. These include asset declarations of government officers from grades 17 to 22 and access to their statements at the provincial level.
In addition, the Finance Ministry will brief the IMF on the National Fiscal Package, progress in capital market reforms, and the government’s measures to improve transparency in development projects. Officials confirmed that delays in finalizing the Governance and Corruption Risk Assessment Report will also be explained.
The IMF delegation will review Pakistan’s performance in the first quarter of the current fiscal year. Technical discussions are underway ahead of policy-level negotiations.
Pakistan hopes to secure the release of the next $1 billion tranche following successful talks, subject to IMF board approval. So far, the country has received $2.1 billion under the agreement signed in September 2024.
The IMF’s demand for stronger anti-money laundering measures reflects its focus on governance, transparency, and financial accountability. Pakistan’s ability to meet these conditions will play a crucial role in ensuring continued financial support under the loan program.
In other related news also read Pakistan Govt Challenges Draft Corruption Report By IMF Authorities
