IMF tightens Pakistan bailout: 11 new conditions, 64 total, demanding asset disclosure

• IMF imposed 11 new structural conditions on Pakistan's $7-billion Extended Fund Facility, bringing the total to 64 over 18 months.
• New directives target anti-corruption, governance, Federal Board of Revenue reform, and addressing elite capture in sectors like sugar.
• Mandatory public disclosure of asset declarations for high-level federal civil servants is required by December 2026, with access for commercial banks.
• Pakistan must publish a time-bound action plan by October 2026 to address corruption risks in 10 high-risk departments.
• Additional conditions include reviewing remittance costs, advancing tax reforms, and finalizing a roadmap for power-sector privatization.

Why It Matters: New IMF conditions impose stringent reforms and oversight on Pakistan's economy.