IMF graft report stresses need for reforms, finance minister tells Senate |
ISLAMABAD: Finance Minister Muhammad Aurangzeb has said the IMF’s Governance and Corruption Diagnostic Assessment (GCDA) report was a step towards much-needed institutional reforms, adding that the government had itself initiated and facilitated the process.
Winding up the debate on a motion moved by JUI-F’s Kamran Murtaza in the Senate on Monday, the finance minister said the report covered seven areas, including judicial oversight and corruption, and identifies structural deficiencies — which he termed a positive development. He said it provided 15 recommendations for institutional reforms.
He assured the Senate that work on these recommendations was underway, citing the recent law passed by parliament requiring public servants to declare their assets. “We will share our action plan on institutional reforms with the public and parliament,” he said, adding that such diagnostic........