IMF Adds 11 New Conditions to Pakistan Bailout, Flags Corruption & Governance

• IMF imposed 11 new conditions on Pakistan's $7-billion bailout, bringing the total to 64 in 18 months.
• The IMF flagged "deep-rooted distortions" in Pakistan's economy, citing chronic corruption and governance failures.
• A key reform requires public disclosure of senior federal civil servants' asset declarations by December 2026.
• The asset disclosure plan will expand to provincial officials, with banks gaining access to data to flag inconsistencies.

Why It Matters: IMF's new conditions expose Pakistan's severe corruption and governance issues.