IMF Delegation Concludes Visit, Briefed on Financial Governance, Anti-Corruption, and Money Laundering

The International Monetary Fund (IMF) analytical mission has concluded its visit to Pakistan, during which it conducted a comprehensive assessment of governance and corruption-related issues. A detailed report on the findings is expected to be released in July.

During the visit, the IMF delegation met with Chief Justice of Pakistan and officials from 19 different ministries and departments. The discussions focused on financial governance, the banking sector, anti-corruption measures, and efforts to combat money laundering. Additionally, talks were held regarding the rule of law and the mechanisms in place to prevent the financing of terrorism.

The delegation met with secretaries from various ministries under the leadership of the Cabinet Division Secretary. Representatives from the Ministry of Finance, Economic Affairs, Commerce, Privatization, and other key departments participated in these discussions. The Cabinet Division provided a briefing on the measures taken to enhance governance and accountability in the country.

The IMF team also held a session with officials from the Financial Monitoring Unit (FMU), where Pakistani authorities presented an overview of their anti-money laundering mechanisms. Discussions covered the surveillance, reporting, and investigation of suspicious financial transactions, along with strategies to curb terror financing.

Earlier, the delegation met with the Auditor General of Pakistan, where they inquired about audit procedures, particularly the handling and resolution of audit objections.

This visit was part of the IMF’s ongoing analytical process to improve financial and administrative governance in Pakistan. The results of this assessment will be published in an upcoming report in the coming months.