A three-member International Monetary Fund (IMF) mission will visit Pakistan to conduct a Governance and Corruption Diagnostic Assessment under the country's 2024 Extended Fund Facility program, the finance ministry said on Sunday, without specifying dates.
The ministry added that the report will recommend actions for addressing corruption vulnerabilities and strengthening integrity and governance, noting that the findings would help shape structural reforms.
"The focus of the mission will be to examine the severity of corruption vulnerabilities across six core state functions. These include fiscal governance, central bank governance and operations, financial sector oversight, market regulation, rule of law, and AML-CFT," the ministry said in the statement.
Pakistan’s government welcomed the IMF’s technical support, saying the assessment would aid efforts to promote transparency and institutional capacity.
The South Asian country, currently bolstered by a $7 billion facility from the International Monetary Fund (IMF) granted in September, is navigating an economic recovery.
The IMF is set to review Pakistan's progress by March, with the government and central bank expressing confidence about meeting its targets.
Islamabad says IMF mission will visit Pakistan to assess governance, corruption risks
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Islamabad says IMF mission will visit Pakistan to assess governance, corruption risks
- The report will recommend actions for addressing corruption vulnerabilities and strengthening integrity and governance
- The South Asian country, bolstered by a $7 billion IMF facility granted in September, is navigating an economic recovery
Government says Pakistan’s IT exports hit record monthly high in December
- Finance adviser says IT exports crossed $400 million for first time in a month
- Pakistan aims to double exports to $60 billion in four years, with IT a key driver
ISLAMABAD: Pakistan’s information technology exports climbed to a record $437 million in December, crossing the $400 million mark for the first time on a monthly basis, the government’s finance adviser Khurram Schehzad said in a social media post on Monday.
The surge underscores the growing role of the tech sector as Pakistan seeks to boost exports while emerging from a prolonged economic crisis that drained foreign exchange reserves, widened balance-of-payments pressures and weakened the currency.
The government is now aiming for export-led growth as part of broader structural reforms under a $7 billion International Monetary Fund (IMF) loan program.
“December 2025 exports reached $437 million — crossing $400 million in a month for the first time ever,” Schehzad said in a post on X, adding that this represented 23 percent month-on-month growth from November and 26 percent year-on-year growth compared with December 2024.
For the first half of the current fiscal year, IT exports reached $2.24 billion, up 20 percent from a year earlier, making the sector the largest and most consistent contributor within services exports, he said.
Pakistan has been under pressure to sharply lift exports as it works to stabilize its economy.
Earlier this month, Planning Minister Ahsan Iqbal said the country must double its exports to $60 billion within four years or risk returning to the IMF.
Pakistan’s IT exports have been on a steady upward trajectory in recent years. They reached a record $3.8 billion in the 2024–25 financial year, according to official data.
The momentum has carried into the current fiscal year, with IT exports posting 19 percent year-on-year growth during the first five months from July to November.
Exports during the period stood at $1.8 billion, according to data released by the State Bank of Pakistan.
The government has said it sees the technology sector as a key driver of foreign exchange earnings and job creation as Pakistan seeks to lock in recent macroeconomic gains and attract new investment.
