Amid delayed bailout, Pakistan accuses IMF of ‘interfering’ in domestic political affairs

The seal for the International Monetary Fund is seen in Washington, DC, on January 26, 2022. (AFP/File)
Short Url
Updated 31 May 2023
Follow

Amid delayed bailout, Pakistan accuses IMF of ‘interfering’ in domestic political affairs

  • The IMF mission chief recently spoke of maintaining rule of law amid political turbulence in Pakistan
  • Aisha Ghaus Pasha says government wants to complete the IMF program, though it does have a ‘Plan B’

ISLAMABAD: Pakistan’s state minister for finance Dr. Aisha Ghaus Pasha on Wednesday described a statement by a senior International Monetary Fund (IMF) official as “interference” in domestic politics after he spoke about the necessity of maintaining the “rule of law” in the country.

Pakistan has been facing significant political turbulence since the ouster of former prime minister Imran Khan from power in a parliamentary no-trust vote last year. The situation further exacerbated after Khan was arrested on graft charges on May 9 which led to violent protests by his supporters who torched government buildings and military installations.

The country’s civilian and military authorities launched a crackdown against the ex-premier’s Pakistan Tehreek-e-Insaf (PTI) party, saying that some of its protesting members would be tried under military laws.

Discussing Pakistan’s progress in terms of unlocking a stalled IMF loan program, the international lender’s mission chief Nathan Porter said in an interview this week he hoped that “a peaceful way forward is found in line with the constitution and rule of law” in the country.

“I guess it is extraordinary what the IMF has said,” the Pakistani minister noted during brief media interaction in Islamabad. “The IMF usually doesn’t say such things.”

She maintained that “interference” in Pakistan’s internal affairs was not part of the IMF mandate.

“The IMF should not include these extraordinary things at the moment,” she added. “As for the rule of the law, we have to move ahead as per the rule of the law. We are promoters of democracy and we want the institutions to perform within the ambit of the constitution.”

Pasha said any delay in the $6.5 billion loan program signed in 2019 was neither in the interest of Pakistan nor the IMF.

The global lending agency is yet to release about $1.2 billion to help Pakistan’s cash-strapped economy since last November.

“We firmly hope to get the IMF bailout,” she continued. “We are in the [IMF] program, and certainly there is Plan B. It’s not like the finance ministry is sitting with its eyes closed.”

However, Pasha pointed out her country was fully committed to completing the IMF program.

“We are not even thinking of a scenario without IMF,” she said while expressing her optimism that the country would reach a staff-level agreement before the new budget on June 9.

Pakistan is witnessing a major economic crisis amid declining forex reserves and rapidly depreciating national currency.

The country needs external financing, though the IMF loan program continues to remains stalled.


Pakistan mulls 'Super App' for public services, document verification in major technology push

Updated 15 February 2026
Follow

Pakistan mulls 'Super App' for public services, document verification in major technology push

  • Pakistan has been urging technology adoption in public, private sectors as it seeks to become a key tech player globally
  • The country this month launched the Indus AI Week to harness technology for productivity, skills development and innovation

KARACHI: Pakistan is planning to launch a “Super App” to deliver public services and enable digital document verification, the country's information technology (IT) minister said on Sunday, amid a major push for technology adoption in public and private sectors.

Pakistan, a country of 240 million people, seeks to become a key participant in the global tech economy, amid growing interest from governments in the Global South to harness advanced technologies for productivity, skills development and innovation.

The country's information and communications technology (ICT) exports hit a record $437 million in Dec. last year, according to IT Minister Shaza Fatima Khawaja. This constituted a 23% increase month on month and a 26% increase year on year.

Pakistan's technology sector is also advancing in artificial intelligence (AI) and cloud computing, marked by the launch of Pakistan’s first sovereign AI cloud in November, designed to keep sensitive data domestic and support growth in the broader digital ecosystem.

“In developed countries, citizens can access all government services from a mobile phone,” Fatima said, announcing plans for the Super App at an event in Karachi where more than 7,000 students had gathered for an AI training entrance test as part of the ‘Indus AI Week.’

“We will strive to provide similar facilities in the coming years.”

Khawaja said the app will reduce the need for in-person visits to government offices such as the National Database and Registration Authority (NADRA) and the Higher Education Commission (HEC).

The Indus AI Week initiative, which ran from Feb. 9 till Feb. 15. was aimed at positioning Pakistan as a key future participant in the global AI revolution, according to the IT minister.

At the opening of the weeklong initiative, Prime Minister Shehbaz Sharif announced that Pakistan would invest $1 billion in AI by 2030 to modernize the South Asian nation’s digital economy.

“These initiatives aim to strengthen national AI infrastructure and make the best use of our human resource,” Khawaja said, urging young Pakistanis to become creators, inventors and innovators rather than just being the consumers of technology.