Pakistan Prepares 15-Point Action Plan Ahead of IMF Review

Islamabad, February 19, 2026 – Pakistan has prepared a comprehensive 15-point action plan ahead of the upcoming review mission by the International Monetary Fund (IMF), focusing on governance reforms, anti-corruption measures, and institutional strengthening.

The action plan, developed in response to the Governance and Diagnostic Assessment (GCD) Report, includes identifying the top 10 high-risk federal agencies with corruption vulnerabilities and macro-critical exposures.

Judicial and Dispute Reforms

The plan outlines steps to reduce the backlog of economic disputes. In the first year, the government will develop and publish a methodology to assess the performance of courts and judges. In the second year, a performance report covering all administrative tribunals and special courts handling economic and commercial matters will be issued.

Authorities also aim to establish a comprehensive framework for evaluating judicial governance and performance, including the use of Alternate Dispute Resolution (ADR) mechanisms and active case management systems.

AML Law Amendments

A Joint Working Group will conduct a legislative review of the Anti-Money Laundering Act (AMLA) 2010 to remove ambiguities, particularly regarding whether a predicate offence conviction is required to prosecute money laundering cases.

The group will also propose amendments to improve definitional clarity, investigative powers, and legal procedures. The revised AMLA is expected to be presented before parliament and implemented by June 2027.

National Corruption Risk Assessment

The National Accountability Bureau (NAB) will draft a national corruption risk assessment in coordination with multiple agencies under a proposed National Anti-Corruption Task Force.

The task force, operating under the AML/CFT Authority, will finalise a centralised Corruption Risk Assessment Framework. Based on this framework, the government will identify the 10 federal agencies most exposed to corruption risks.

A risk-reduction action plan with defined Key Performance Indicators (KPIs) will then be developed, assigning specific responsibilities to ministries and agencies.

Strengthening Financial Oversight

The Financial Monitoring Unit (FMU) will introduce corruption-specific reporting guidelines and red flags to improve the quality of Suspicious Transaction Reports (STRs).

The government also plans to bring the Pakistan Virtual Asset Regulatory Authority (PVARA) under the reporting framework to strengthen oversight of digital assets and virtual transactions.

The reform package is aimed at improving governance standards, enhancing transparency, and strengthening Pakistan’s compliance ahead of the IMF review.