IMF Team Reviews Pakistan’s Judicial/Regulatory System

Business Economy Pakistan
Nimra Jamali138 Comments on IMF Team Reviews Pakistan’s Judicial/Regulatory System

ISLAMABAD: A 3-member technical mission of IMF, under the Pakistan’s 2024 Extended Fund Facility programme, arrived here Tuesday (11th Feb, 2025) for a week-long Governance and Corruption Diagnostic Assessment.

The scrutiny mission will examine six key governance-related sectors and institutions:

IMF mission will examine severity of corruption vulnerabilities across six core state functions:

1) Fiscal Governance;

2) Central Bank Governance & Operations;

3) Financial Sector Oversight;

4) Financial Sector;

5) Market Regulation;

6) Rule of Law and AML-CFT.

The team, that met CJP Yahya Afridi on Tuesday (11th Feb 2025) to discuss programme implementation and property rights, will engage with State Bank/SECP authorities, election bodies, finance and revenue officials.

Following the assessment, IMF will recommend actions for addressing corruption vulnerabilities and strengthening integrity and governance. It is believed that the IMF report would help endeavour to promote transparency and institutional capacities.

Savants expect that the mission, which is taking stock of Pakistan’s economic governance structure and its vulnerability to corruption, would widen the focus of the reform effort to a broader range of institutional restructuring for inclusive and sustained growth.

Newspakistan.tv

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