The federal government has directed all government officials in Pakistan to declare their assets by September 2025, in compliance with requirements set by the International Monetary Fund (IMF). This move is part of broader efforts to meet IMF conditions under the ongoing $7 billion loan program.
Sources have revealed that a draft proposal for the asset declaration process will be shared with the IMF during ongoing discussions. To streamline the process, the government plans to launch a digital portal, aligning with IMF recommendations to enhance transparency and accountability.
An IMF delegation is currently in Pakistan for review talks aimed at unlocking a $1 billion tranche from the loan program. The discussions have focused on several critical economic issues, including external financing, inflation trends compared to regional countries, and the operationalization of the Tax Policy Unit. The Finance Ministry has also confirmed that national accounts and key economic reports, such as the Labor Force Survey, Family Budget Survey, and Living Standards assessment, have been reviewed during the negotiations.
The talks have also addressed pressing financial matters, including electricity and gas tariffs, as well as the circular debt crisis. The draft proposal for government officials’ asset declarations is expected to be finalized during the ongoing negotiations before being formally presented to the IMF, according to Finance Ministry sources.
