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Pakistan assures IMF it will expand banks’ access to monitor suspicious financial activity

byCT Report
15/05/2026
in Breaking News, Lahore, Latest News
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ISLAMABAD: The government has decided to make the assets of top government officials public by December 2026 as part of commitments made to the International Monetary Fund (IMF) to strengthen institutions against corruption.

According to documents, confidential information and asset details of senior officers will be available to the public through an online system.

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The government has set a December 2026 deadline to establish a system for publishing the asset declarations of senior government officials.

Officials’ asset information will be collected through a central digital system. A digital platform for asset submission will be created by July 2026.

Banks to get greater access to records

Banks will be given further access to the assets of senior government officials to help monitor money laundering and suspicious financial activities.

According to the documents, the Federal Board of Revenue (FBR) will develop a risk-based asset verification system.

By June 2026, the FBR will publish related statistics on its website, making it possible to determine how many times banks accessed asset information.

The government has also decided to make the appointment process of the National Accountability Bureau (NAB) chairman more transparent. Pakistan has assured the IMF that amendments to the relevant law will be presented in parliament.

NAB performance reports

Documents show that NAB investigations, case rules and the institution’s annual performance report will be published.

A corruption risk assessment methodology will also be developed by October 2026 to help reduce corruption risks in government institutions.

The documents further stated that the United Nations Anti-Corruption Review Report has been published.

The broader aim of these measures is to improve transparency, strengthen accountability institutions and reduce corruption risks across government departments.

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