A technical delegation from the International Monetary Fund (IMF) has arrived in Pakistan to assess public finance management and budget reforms. The mission aims to evaluate fiscal transparency, audit mechanisms, and spending efficiency within the government’s financial framework.
IMF Seeks Audit of Supplementary Grants
According to official sources, the IMF has demanded a full audit of supplementary grants issued over the past decade. The team seeks clarity on how allocated funds were utilized and whether financial practices complied with fiscal rules. It has also urged Pakistan to strengthen accountability measures across all ministries handling public funds.
Call for Fiscal Discipline and Spending Control
The IMF has emphasized the urgent need for strict fiscal discipline to align spending with Pakistan’s economic goals. It has called for tighter expenditure limits and concrete steps to eliminate unnecessary spending. A monitoring committee will be established to track progress and share regular updates with the IMF mission.
Focus on Budget Reforms and Transparency
During its visit, the IMF delegation will review budget practices, fiscal targets, and reform implementation under the ongoing IMF program. It will also assess audit reports, identify inefficiencies, and recommend improvements to enhance financial oversight and governance.
Government Pledges Efficiency and Better Tax Collection
Islamabad has reiterated its commitment to reducing operational and energy losses while improving loan utilization. The IMF has directed authorities to boost tax collection and ensure subsidies reach the most vulnerable segments of society.
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