LAHORE (Web Desk) – The government has assured the International Monetary Fund that it will accelerate anti-corruption measures, including publicly disclosing the assets of public officials by December 2026.
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Sources said a digital system will be introduced for senior officials to submit asset declarations, with banks granted access to this information to enhance oversight and transparency.
Authorities also plan to improve international cooperation to recover illicit funds held abroad, create a centralised digital database of frozen, recovered, and repatriated assets, and strengthen asset recovery and management units.
The Federal Board of Revenue will launch an online platform for asset submissions. Ten major government departments have been identified as high-risk for corruption, and reporting and monitoring of suspicious transactions will be increased. A detailed anti-corruption action plan is expected by October 2026.
Officials confirmed that the IMF has been assured reform progress reports will be issued every six months. The National Accountability Bureau will gain more autonomy and conduct a national corruption risk assessment this year.
A task force under anti-money laundering and counter-terror financing frameworks will include institutions such as the Federal Investigation Agency, FBR, Auditor General, and the Securities and Exchange Commission of Pakistan.
The government will also reform the NAB chairman appointment process, introducing a transparent, merit-based system with IMF-recommended opposition representation. NAB’s rules and performance reports will be made public, and measures will be taken to strengthen investigations and penalties for money laundering.
