Islamabad:
The International Monetary Fund (IMF) held meetings on Wednesday with officials from the Pakistan General Auditor (AGP), the Federal Income Board (FBR) and the Pakistan Stock Exchange and Securities Commission (SECP) to carry out a governance evaluation and corruption.
The sources revealed that the IMF mission was informed about transparency and the audit process in the public sector. The mission was informed that Parliament serves as the highest forum for auditing and responsibility in the public sector. In addition, the opposition has the authority to audit government institutions, with the head of the Public Accounts Committee nominated by the opposition leader.
FBR officials provided information on digitalization and tax reforms aimed at guaranteeing transparency in the fiscal system. Meanwhile, the SECP representatives informed the IMF about the measures taken to improve the ease of doing business in the stock market and the corporate sector.
The IMF mission also held meetings with officials from the Ministry of Climate Change and the Ministry of Housing and Works.
In particular, the IMF has been in Pakistan for approximately a week to carry out a comprehensive evaluation of governance and corruption. This includes a process review to appoint judges, judicial integrity and judicial independence.
This is the first detailed mission of this type, the diagnosis evaluation of Pakistan governance and corruption, which began on Thursday. The evaluation will conclude on Friday, government and diplomatic sources said to Express PAkGazette.
During its stay in Pakistan, the IMF team meets with representatives of at least 19 government ministries, departments and state institutions, including the Judicial Commission of Pakistan and the Pakistan Supreme Court.
The mission approach remains in the rule of law, anti -corruption measures, financial supervision, the elimination of interesting interest deeply rooted in the state governance structure and the combination of money laundering, according to sources.
