Business

Govt Officers Directed to Declare Assets by September 2025 Under IMF Demand

Government officials in Pakistan have been instructed to declare their assets by September 2025, aligning with the requirements set by the International Monetary Fund (IMF).

According to sources, a draft proposal regarding asset declaration will be shared with the IMF as part of ongoing discussions. To facilitate this process, the government has also decided to introduce a digital portal, a move in line with IMF recommendations.

An IMF delegation is currently in Pakistan for review talks, aiming to unlock a $1 billion tranche from the ongoing $7 billion loan program. Discussions have covered various economic aspects, including external financing, the operationalization plan for the Tax Policy Unit, inflation trends compared to regional countries, and national accounts, as confirmed by the Finance Ministry.

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Additionally, the negotiations have included reviews of key economic reports such as the Labor Force Survey, Family Budget Survey, and Living Standards assessment.

Critical financial matters, including electricity and gas tariffs and circular debt, have also been addressed. The draft for government officials’ asset declarations is expected to be finalized during today’s negotiations before being formally presented to the IMF, Finance Ministry sources revealed.

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ProPK Staff