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Homepage Blog Government Finance Ministry Discloses Purpose of IMF Team’s Visit
BusinessGovernment

Finance Ministry Discloses Purpose of IMF Team’s Visit

By
Ali
Last updated: February 9, 2025
1 Min Read
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Untitled design (3)
Untitled design (3)

The International Monetary Fund (IMF) will visit Pakistan for a Governance and Corruption Diagnostic Assessment under the 2024 Extended Fund Facility.

According the details, the ministry finance has confirmed the visit of three-member IMF delegation on Sunday, but did not specify dates.

The assessment aims to identify corruption risks and suggest governance reforms. The findings are expected to shape key structural changes.

The ministry stated that the mission will examine corruption risks in fiscal governance, central banking and financial oversight.

The delegation will also review the market regulation, rule of law, and anti-money laundering measures to make further progress.

Pakistan welcomed the technical support of IMF, saying it would boost transparency and strengthen institutions in the country.

It is worth noting that the country, benefiting from a $7 billion IMF facility since September, is in economic recovery.

The IMF will review Pakistan’s progress by March, with the government and central bank confident about meeting targets.

TAGGED:IMFInternational Monetary FundPakistan

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