Save Our Pak
Pakistan has agreed on a new set of economic and governance targets with the International Monetary Fund for the next year.
According to reports, the government of Pakistan and the IMF have decided to introduce major reforms in different sectors. These changes aim to improve the country’s economy, transparency, and overall governance between 2026 and 2027.
Sources say that the government has accepted new structural benchmarks to ensure better financial discipline and transparency. Clear deadlines have also been given to all concerned departments to complete these reforms on time. The changes will be applied step by step in financial, administrative, social, energy, and trade sectors.
The IMF has stressed the need to improve the tax system. It suggested that the audit selection process in the Federal Board of Revenue should match international standards. These tax reforms are expected to bring Pakistan’s system closer to global practices.
In addition, the government plans to improve transparency in public spending. For this, changes will be made in the rules of the Public Procurement Regulatory Authority. These updates are expected to increase competition and fairness in government and state-owned organizations.
To strengthen governance, it has also been decided to introduce important changes in the laws of the National Accountability Bureau. The goal is to make the accountability system more transparent, fair, and based on merit. These reforms are also aimed at reducing corruption and improving institutional accountability.
Furthermore, there is a proposal to include anti-money laundering and counter-terror financing clauses in NAB laws to make the system stronger and more effective.
Reported by Save Our Pak
