PTI
November 26: The International Monetary Fund (IMF) has voiced strong concern over Pakistan’s fragile financial management, inadequate cash monitoring, and poor accountability in the use of public resources. In its latest assessment, the Fund urged Islamabad to curb the misuse of taxpayer money for personal or political interests.
The observations are part of the IMF’s Governance and Corruption Diagnosis Assessment (GCDA)—a key requirement Pakistan needed to meet before the global lender releases the next tranche of more than USD 1.2 billion, expected next month.
Pakistan, facing persistent cash shortages, is currently undergoing its 24th IMF programme, a USD 7 billion facility secured last year to be disbursed over 39 months.
