IMF Demands Tough Reforms for Pakistan's Big Loan
December 12, 2025 10:29 PM IST

IMF Demands Tough Reforms for Pakistan's Big Loan

The International Monetary Fund (IMF) has placed 11 new and strict conditions on Pakistan as part of its $7 billion aid package. These new demands are mainly focused on reducing corruption and making the government work better and more openly. The IMF wants to fix deep problems like powerful, wealthy people unfairly controlling parts of the economy, a problem known as "elite capture." These new rules bring the total number of conditions on Pakistan's loan to a large number of 64 over the past year and a half.

To fight corruption, Pakistan must now make the assets of its top government officials public on a website by December 2026. This move is meant to check for any secret wealth or property that does not match their known income. The government also has to create an action plan to stop corruption in ten key government departments. These steps aim to bring more honesty to the government and prevent rich people from misusing the country's money and resources.

The IMF has also told Pakistan to fix problems in key industries, including the sugar sector, by creating a national policy to open up the market. Furthermore, the global lender wants Pakistan to study the high cost of sending money back home from other countries, which are called remittances. Remittances are the biggest source of foreign cash for Pakistan, and the IMF wants a plan to lower these costs by May next year to help the country’s economy.

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