Times of Pakistan - Latest Pakistan News, Pakistan News Online, Pakistani Newspaper, Pakistan News Today Times of Pakistan - Latest Pakistan News, Pakistan News Online, Pakistani Newspaper, Pakistan News Today
  • World
  • Pakistan
  • Politics
  • Business
  • Economy
  • Sports
  • Entertainment
  • Technology
  • Health
  • Travel
  • Science
  • Opinions
  • Blogs
  • Letters
Reading: IMF urges Pakistan to establish a task force to combat corruption
Share
Aa
Times of Pakistan
Search
  • World
  • Pakistan
  • Politics
  • Business
  • Economy
  • Sports
  • Entertainment
  • Technology
  • Health
  • Travel
  • Science
  • Opinions
  • Blogs
  • Letters
Follow US
  • About us
  • Privacy Policy
  • Terms of Service
  • Contact us
PakistanEconomy

IMF urges Pakistan to establish a task force to combat corruption

After the worst impact on the vote bank, the government is pretty doubtful to comply with demands.

News Desk
By News Desk Published October 30, 2022
Share
IMF
Image Credits: TODAY

The international lender has given Pakistan a fresh set of demands and requested that they impose around Rs600 billion in additional levies. The information came to light on Saturday’s episode of The Review, a chat show.

The show’s hosts, Shahbaz Rana and Kamran Yousaf revealed that the government has not yet acceded to IMF demands because the populace is already dealing with rapidly rising inflation and the ruling coalition cannot risk further depleting its political capital, particularly given that the former ruling party is marching toward Islamabad.

Rana opined that it was extremely improbable that the government would agree to the IMF’s demands because it already suffered the greatest loss in support and popularity as a result of the rising expense of living and couldn’t afford to suffer more.

He further mentioned that the IMF had encouraged Pakistan to inform the task force against corruption, which the administration had agreed to in June of this year.

According to the deal, Rana stated that Pakistan will provide a thorough analysis of the anti-corruption institutional structure, namely the National Accountability Bureau (NAB), by a task group with the cooperation of independent experts with foreign experts and civil society organisations by January 2023.

He noted that the task force would provide suitable structural reform measures that would increase the independence of institutions that fight corruption, shield them from political interference and retaliation, and establish transparency and accountability checks against abuse.

Shahid Khaqan Abbasi, a former premier, was suggested to lead the task committee, he continued, but no decision has been made as of yet.

While the hosts were discussing PM Shehbaz’s first trip to China, which began on November 1, they revealed that Pakistan had asked China to refinance its $6.3 billion debt, which is due to mature in the following eight months.

A big list of new projects and requests was prepared before the PM’s tour, Rana said, adding that another suggestion to seek a new Chinese loan was also being considered.

Prime Minister Shehbaz was one of the first international leaders to meet Chinese President Xi Jinping after his historic third-term victory, Yousaf noted in the show.

Yousaf responded in the positive when asked if President Xi still saw Belt-and-Road (BRI) as a top priority, noting that the project’s architect had recently entered Xi’s cabinet as a sign that Xi valued the initiative highly.

TAGGED: IMF requests Pak for a task force, IMF urges Pakistan to impose tax, Pakistan IMF deal
By News Desk
The author is the news desk team.
Previous Article nuclear power plant The Institute of the Pakistan Nuclear Regulatory Authority is now an IAEA collaboration site
Next Article SOMALIA BOMB EXPLOSION 300 injured and at least 100 dead after the egregious Mogadishu car explosions
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

More Latest News

us
More than anticipated, US firms added 311000 jobs in February
World Economy
After nearly 7 years
After nearly 7 years of antagonism, Middle Eastern adversaries, Iran and Saudi Arabia decided to resume ties
World Politics
sardar
Sardar Khetran awarded bail in triple homicide case involving Barkhan
Pakistan
Imran khan arrest
In connection with comments made against state institutions, BHC suspends Imran’s arrest warrants
Pakistan Politics
president xi jin ping
Xi wins a third term as president despite numerous obstacles
World Politics
Times of Pakistan - Latest Pakistan News, Pakistan News Online, Pakistani Newspaper, Pakistan News Today Times of Pakistan - Latest Pakistan News, Pakistan News Online, Pakistani Newspaper, Pakistan News Today
  • About us
  • Privacy Policy
  • Terms of Service
  • Contact us
  • ٹائمز آف پاکستان اردو
  • About us
  • Privacy Policy
  • Terms of Service
  • Contact us

© 2002-2022 TIMES OF PAKISTAN (PRIVATE) LIMITED
This material may not be published, reproduced, broadcast, rewritten, or redistributed without permission.

Welcome Back!

Sign in to your account

Lost your password?