Government officers in Pakistan have been directed to declare their assets by September 2025, according to Finance Ministry sources.
As per details shared by the Finance Ministry, the deadline applies to employees from Grade 17 to Grade 22, ensuring compliance with IMF requirements.
An IMF delegation is currently in Pakistan for review talks aimed at unlocking a $1 billion loan tranche under the ongoing $7 billion program.
Sources revealed that Pakistani authorities will present a draft on asset declaration to the IMF. Additionally, the government has decided to launch a digital portal in response to the lender’s demands.
Discussions also covered external financing, the operational plan for the Tax Policy Unit, inflation comparisons with regional countries, and national accounts, the Finance Ministry stated.
Meanwhile, ongoing negotiations reviewed key economic reports, including the Labor Force Survey, Family Budget Survey, and Living Standards report.
Earlier today, China has extended the repayment period of Pakistan’s $2 billion loan by one year, the Finance Ministry confirmed on Saturday.
The loan, originally due on March 24, has been given an extended deadline, providing Pakistan with much-needed financial relief amid economic challenges and pressure on foreign exchange reserves.