Islamabad: The International Monetary Fund (IMF) analytical mission has returned after completing its visit to Pakistan. During this visit, the mission has completed an assessment of governance and corruption, a detailed report of which will be released in July.
According to the details, during its stay in Pakistan, the International Monetary Fund (IMF) delegation met with officials of 19 different ministries and departments, including the Chief Justice. The delegation also reviewed measures against financial governance, the banking sector, anti-corruption and money laundering, in addition to which the rule of law and the system related to preventing terrorist financing were also discussed.
The delegation, led by the Secretary of the Cabinet Division, met with the secretaries of various ministries, in which representatives of the Ministries of Finance, Economic Affairs, Commerce, Privatization and other departments participated. During this, the Cabinet Division informed about the steps taken to make the governance and accountability process more effective.
The IMF delegation also met with officials of the Financial Monitoring Unit, where Pakistani authorities had a detailed discussion on the mechanisms adopted by them to combat money laundering. The delegation was briefed on the monitoring, reporting and investigation of suspicious financial transactions, while measures to prevent terrorist financing were also discussed.
Earlier, the IMF delegation also met with the Auditor General of Pakistan, where they asked questions about the procedures of the Auditor General’s Office, especially the process of resolving audit objections.
The visit was part of the IMF’s ongoing analytical process to improve financial and administrative governance in Pakistan, the results of which will be reported in the next few months.
