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IMF wants asset disclosure law for grade 17–22 officers by December

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The International Monetary Fund (IMF) has asked Pakistan to pass legislation by December requiring all government officers from grade 17 to 22 to publicly declare their assets.

According to media reports, the IMF delegation currently in Islamabad has also urged amendments to the Government Servants Conduct Rules to allow action against officials found involved in corruption.

The demand is tied to the IMF’s Governance and Corruption Diagnostic Assessment Report, which the Fund has pressed Pakistan to publish by the September 30 deadline. The report is meant to identify weaknesses in governance and corruption controls.

In parallel, Finance Minister Muhammad Aurangzeb met the IMF review mission to seek approval for the government’s relief package for flood-affected regions. The IMF responded by asking Pakistan to first prepare a comprehensive assessment of damages and needs before any decision is made.

The IMF’s emphasis on transparency and asset disclosure comes as Pakistan works to stabilize its fragile economy under the Extended Fund Facility. The reforms are seen as critical benchmarks for continued financial support, while the government faces pressure to balance governance reforms with political sensitivities.

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