What's the story

The International Monetary Fund (IMF) has imposed an additional 11 structural conditions on Pakistan under its $7-billion Extended Fund Facility (EFF). The new conditions, outlined in the staff-level report for the second review released on Thursday, take the total number of compliance requirements to 64 over a span of 18 months. These measures include anti-corruption initiatives, tax reforms, and restructuring of the power sector.

Focus areas

New measures target corruption, governance in Pakistan

The new IMF directives are aimed at combating corruption, improving governance, and reforming the Federal Board of Revenue. A major requirement is the "mandatory public disclosure of asset declarations of all high-level federal civil servants on an official government websi

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