On Wednesday, a visiting delegation of experts from the International Monetary Fund (IMF) met with the Auditor General of Pakistan to receive a briefing on the country’s audit procedures and public sector transparency.
The IMF mission, currently in Pakistan for a Governance and Corruption Diagnostic Assessment (GCDA), was informed that Parliament plays a central role in audit and accountability within the public sector. The delegation was briefed that, following parliamentary tradition, the opposition is entrusted with auditing government institutions. Specifically, the Leader of the Opposition or their nominee traditionally heads the Public Accounts Committee.
The IMF team also held discussions with officials from the Federal Board of Revenue (FBR), who provided insights into the ongoing digitalization efforts within Pakistan’s tax system. They highlighted that tax reforms are enhancing transparency and improving the overall efficiency of the taxation process.
Further meetings took place with officials from the Securities & Exchange Commission of Pakistan (SECP), where the IMF delegation was briefed on the ease of doing business and improvements within the corporate sector and stock market.
Additionally, the IMF mission visited the Ministry of Climate Change and the Housing and Works Department, where officials provided updates on the digitalization of the land record system in Pakistan.
The meetings are part of the IMF’s broader efforts to assess and support ongoing reforms aimed at enhancing transparency and governance in Pakistan’s public sector.
