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                      JS Bank and Al Ansari Expand Remittances
                      April 6, 2025
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                      April 7, 2025

                      Pakistan Hosts Second IMF Diagnostic Mission

                      Published by News Desk on April 6, 2025
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                      • Policy
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                      International Monetary Fund has launched its second Corruption and Governance Diagnostic Mission to Pakistan. This mission runs until April 14 and includes meetings with over 30 institutions, including the Supreme Court of Pakistan, State Bank of Pakistan (SBP), the Ministry of Law and Justice, and the National Accountability Bureau.

                      The focus is to assess and recommend ways to strengthen governance, improve judicial efficiency, and combat corruption and money laundering. The mission builds on IMF’s earlier visit in February and will conclude with a final report expected in July or August.

                      A key part of the mission includes reviewing price manipulation cases in the sugar and construction sectors. The IMF will meet with the Pakistan Sugar Mills Association and seek updates on investigations led by the Competition Commission of Pakistan.

                      The team will also examine broader financial issues, including the Pakistan Sovereign Wealth Act, treasury single accounts, procurement practices, and debt management. Engagements will extend to anti-corruption bodies across Punjab, Sindh, and Khyber Pakhtunkhwa.

                      This effort highlights a coordinated push to improve governance and legal frameworks in Pakistan. The outcomes will likely shape financial policy and budget planning for FY 2025–26. The mission also reflects growing international focus on transparency and institutional reform.

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                      • News Desk

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