IMF slams fiscal mismanagement
4 Articles
4 Articles
IMF Rebukes Pakistan for Fiscal Mismanagement and Lack of Transparency
Get latest articles and stories on World at LatestLY. The International Monetary Fund (IMF) has issued a stern critique of Pakistan's fiscal governance, highlighting chronic weaknesses in financial management, accountability, and transparency. Despite operating under its 24th IMF programme alongside the Ministry of Finance (MoF), the Fund expressed dissatisfaction over the country's inability to manage public resources effectively and demanded u…
IMF recognises Competition Commission of Pakistan’s major turnaround
ISLAMABAD: The International Monetary Fund (IMF) has noted that the Competition Commission of Pakistan (CCP) has taken significant steps to identify market bottlenecks, entry barriers, and gaps in the legal and regulatory framework. The Fund has further observed that the CCP has strengthened its enforcement capacity in recent years. The IMF, in its Governance and Corruption Diagnostic Report, stated that deficiencies in business regulations at v…
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