Pakistan’s government is preparing around 174 proposed legal amendments linked to its economic programmes with the International Monetary Fund, the National Assembly Standing Committee on Finance and Revenue has been informed.
Finance Secretary Imdadullah Bosal told lawmakers that the proposals cover several areas, including the financial sector, state-owned companies, foreign remittances and climate-related measures.
The proposed changes will be presented to Parliament for consideration. Bosal emphasised that approving legislation remains Parliament’s responsibility.
The briefing was part of the committee’s review of Pakistan’s programmes under the IMF’s Extended Fund Facility and Resilience and Sustainability Facility.
Officials said the IMF had disbursed around $4.5 billion to Pakistan and that three programme reviews had been completed.
The wider reform programme includes measures related to tax collection, government spending, energy-sector management and the performance of state-owned enterprises.
Lawmakers also discussed commitments involving additional government expenditure, tax exemptions, coordination with provincial governments and the management of public finances.
Committee members asked officials about the timetable for implementing reforms and their possible effects on businesses, taxpayers and the wider economy.
Pakistan’s engagement with the IMF is intended to support economic stability, strengthen public finances and advance reforms across important sectors.
The figure of 174 refers to amendments under preparation, not legislation that has already been passed. Individual proposals requiring changes to the law will move through the parliamentary process.
The committee’s discussions form part of parliamentary oversight of Pakistan’s economic reform agenda and its implementation.