IMF completes scoping mission for governance, corruption assessment in Pakistan

February 21, 2025 (MLN): An International Monetary Fund (IMF) scoping mission visited Islamabad from February 6 to 14, 2025, to lay the groundwork for a Governance and Corruption Diagnostic Assessment (GCD) at the request of the Government of Pakistan.

The focus of the mission was to preliminarily assess governance and corruption vulnerabilities across six core state functions.

These include fiscal governance, central bank governance and operations, financial sector oversight, market regulation, rule of law, and anti-money laundering and countering the financing of terrorism (AML-CFT).

Over the course of the mission, the IMF team engaged with the Finance Division, Federal Board of Revenue, State Bank of Pakistan, Auditor General of Pakistan, Securities & Exchange Commission of Pakistan, Ministry of Law & Justice, and the Supreme Court of Pakistan.

In addition, the IMF team met with a range of other stakeholders, including business associations, civil society organizations, and international development partners.

The IMF appreciates the commitment of the Government of Pakistan to this exercise and looks forward to continuing our collaboration.

The IMF team for the GCD assessment will return to Pakistan later this year to continue gathering information and exploring opportunities to strengthen governance, integrity, and economic outcomes in preparation for the eventual assessment.

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