Pakistan Falls Short on IMF Targets, Completes 4 of 19 Actions

While 12 were partially implemented and three were delayed, highlighting slow progress on measures aimed at improving economic governance, the administration completed only four of 19 governance reform actions due by the end of June under its IMF linked reform agenda.

Key points

• The committee is responsible for monitoring 59 actions under the three year plan, including 19 targeted for completion during the first six months of 2026, documented Express Tribune.
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• The draft has been endorsed by the Prime Minister's Office and is at present awaiting approval from the Cabinet Committee on Legislative Cases and the federal cabinet.
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• The administration has additionally delayed the introduction of new standard bidding documents and the creation of chief technology officer positions in the Auditor General's office.

Meanwhile, the 19 actions were assigned to the Economic Governance Systems Committee, one of three administration bodies overseeing a 142 point reform plan rolled out in December 2025 after the International Monetary Fund's assessment of governance and corruption risks in Pakistan.

Meanwhile, the committee is responsible for monitoring 59 actions under the three year plan, including 19 targeted for completion during the first six months of 2026, documented Express Tribune. Govt Intends New Rs. 250 Billion Entity for FESCO, GEPCO, IESCO Sale.

Notably, the four completed measures included the formation of a methodology working group, a review of international practices in judicial governance, legal clarifications and revisions to rules governing civil servants' asset declarations. A number of other reforms involving public procurement, judicial performance, dispute resolution and regulatory data remain only partially implemented.

In practice, a key procurement reform is additionally awaiting final approval. The administration has prepared amendments to the Public Procurement Rules 2025 to remove preferential treatment for state owned enterprises in public contracts.

Meanwhile, the draft has been endorsed by the Prime Minister's Office and is at present awaiting approval from the Cabinet Committee on Legislative Cases and the federal cabinet. The deadline for the reform has now been extended to December. Govt Banks on Qatar LNG to Avoid Another Costly Spot Cargo.

For context, the administration has additionally delayed the introduction of new standard bidding documents and the creation of chief technology officer positions in the Auditor General's office.

Other reforms, including a framework for clearing court backlogs, performance indicators for courts, notification of a data collection framework for tribunals and mechanisms for resolving commercial disputes, remain under development.

Progress has additionally been slow on public procurement monitoring and regulatory transparency. While a machine readable database of laws and regulations is targeted for completion by the end of August, the administration has prepared the procurement monitoring report for fiscal year 2024 to 25 and aims to publish it shortly. The Ministry of Finance has yet to publish the six monthly progress report required under the broader reform plan.

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