The government has declared the IMF’s Governance and Corruption Diagnostic (GCD) report a charge sheet and announced that an action plan will be prepared by December 31. The development came during separate meetings of the Senate and National Assembly standing committees on finance, where the IMF report was reviewed in detail.
The Senate finance committee first summoned Finance Minister Muhammad Aurangzeb for a briefing, but he could not attend due to another engagement. However, he later joined the National Assembly’s finance committee meeting chaired by Naveed Qamar.
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The government informed the committee that a comprehensive action plan to address corruption will be completed by the December 31 deadline. The finance minister briefed lawmakers on the IMF’s 15 major recommendations covering governance, taxation, corruption, regulatory issues and rule of law.
The government will prepare short-, medium- and long-term action plans—spanning 6, 18 and 36 months—to implement these recommendations by December 31, 2025. The finance minister also said the action plan for implementing all 15 recommendations will be finalized by December 31 this year.
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The government further announced that the assets of government officials will be made available online by next year.