Pakistani Firms Eye $50M Business Deals at LEAP

Pakistani firms are poised to secure $50 million in business deals at the LEAP 2025 tech conference in Riyadh. Amidst this, an International Monetary Fund team is in Pakistan for a Governance and Corruption Diagnostic Assessment (GCDA), unrelated to judicial oversight.

The visit aims to evaluate corruption vulnerabilities across six core state functions and recommend reforms for transparency and institutional strengthening. Finance adviser Khurram Shehzad clarified that the IMF’s focus is solely on governance, not the judiciary. The mission will engage with key Pakistani institutions, providing guidance and technical support to improve governance and accountability. This visit is part of a broader IMF strategy to support sustainable growth and economic stability in Pakistan.

The IMF’s governance policy underscores the need for a comprehensive approach to improving public sector efficiency and combating corruption. The results of the GCDA, expected to be published in July, will offer actionable insights to enhance governance and transparency.