The IMF has submitted its Governance and Corruption Diagnostic Assessment (GCDA) report to Pakistan’s Finance Division, revealing systemic corruption within the Federal Board of Revenue (FBR). The report recommends limiting tax exemptions, phasing out special treatments, separating tax policymaking from FBR operations, granting autonomy to the Auditor General’s office, and banning supplementary budget grants that bypass parliamentary oversight. It also urges the government to publish a governance action plan and report progress by May 2026.
The IMF’s GCDA report calls for major reforms in the FBR to curb corruption, improve fiscal governance, and strengthen accountability measures by mid-2026.
fbr corruption, IMF governance audit, fiscal reform demand
