ISLAMABAD – The visiting IMF mission has pressed Pakistan to publish the Governance and Corruption Diagnostic (GCD) Report by the September 30 deadline and amend the Government Servants (Conduct) Rules 1964 to allow stronger action against corruption.
During talks at the Finance Ministry, IMF officials also raised concerns about Pakistan’s revised GDP growth projection, lowered from 4.2% to below 3.9% following devastating floods. Finance Minister Muhammad Aurangzeb urged the Fund to permit a Prime Minister’s Relief Package using budgeted emergency funds, but IMF officials demanded a detailed Damage and Needs Assessment first.
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Sources revealed that the IMF’s GCD report identifies gaps in public finance management, the FBR’s tax system, and asset declaration processes. The Fund has directed Pakistan to establish by December 2025 a system ensuring digital disclosure of assets for officers from grades 17 to 22. The FBR may be tasked to review declarations and penalize false reporting, a move seen as essential to restore public trust.
Officials acknowledge resistance within bureaucracy, but the IMF insists reforms are critical to strengthening accountability and combating corruption.
