IMF flags corruption risks in Pakistan’s sovereign wealth funds, urging stronger transparency, governance reforms and alignment with global standards.Pakistan’s sovereign wealth funds have come under international scrutiny as the IMF warned that weak governance, political influence and limited transparency are creating serious corruption risks. The latest Governance and Corruption Diagnostic Assessment highlights that Pakistan’s SWFs remain exposed to misuse unless strong reforms are implemented. The warning comes as Pakistan’s 2023 SWF Act is […]
Pakistan’s sovereign wealth funds have come under international scrutiny as the IMF warned that weak governance, political influence and limited transparency are creating serious corruption risks.