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last mo.

Pakistan Lawmakers Decry IMF Governance Report, Demand Briefings as Minister Pledges Dec. 31 Action Plan

Lawmakers set follow-up hearings to scrutinize the IMF diagnostic’s corruption findings, following officials’ assurances that reforms are underway.

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Overview

  • The NA finance chair labeled the IMF diagnostic an indictment of state institutions, a characterization the finance minister rejected in his briefing.
  • Muhammad Aurangzeb committed to file an IMF-required action plan by December 31 to implement priority anti-corruption steps.
  • The Senate finance panel summoned the finance minister, finance secretary and SBP governor for the next sitting after noting their absence and set follow-up hearings.
  • Officials said the report spans seven areas with 92 recommendations, including 15 priorities such as restructuring the FBR, publishing senior officials’ asset declarations, strengthening AML and curbing SOE contracting preferences.
  • The ministry cited reforms already in progress—faceless customs appraisals, digital tax monitoring, compliance risk management and expanded tax tribunals—while lawmakers flagged claims like a Rs5,300 billion corruption tally and an alleged FBR shooting for inquiry.