The International Monetary Fund (IMF) has asked Pakistani authorities to provide a progress report on anti-money laundering measures as part of ongoing negotiations with the Ministry of Finance over the next tranche of the $7 billion loan program.
Alongside the anti-money laundering report, the IMF has also requested updates on the Governance and Corruption Risk Assessment Report.
The visiting IMF delegation will be briefed on anti-corruption steps, the establishment of provincial-level anti-money laundering enforcement agencies, and proposed legislation requiring Grade 17–22 officers to declare their assets, including access to provincial officers’ asset declarations.
Officials will also update the IMF on progress regarding the National Fiscal Pact, transparency initiatives in development projects, capital market developments and outlook, and reasons behind delays in the Governance and Corruption Risk Assessment Report.
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According to Finance Ministry officials, Pakistan has already met most IMF targets. Technical discussions will be followed by policy-level talks, with performance in the first quarter of the current fiscal year also under review.
If negotiations succeed, Pakistan will receive the next $1 billion tranche following IMF Board approval. Under the program agreed in September 2024, the country has so far received $2.1 billion.
