Pakistan has assured the International Monetary Fund (IMF) it will accelerate governance and anti-corruption reforms, including public disclosure of officials’ assets and stronger enforcement against financial crimes, sources said on Tuesday.

Under the plan, the assets of government officials are to be made public by December 2026. Banks will also be granted access to officials’ asset declarations for scrutiny.

Authorities will introduce a new digital system to collect and manage asset declarations of senior officials, while the Federal Board of Revenue (FBR) will develop an online platform for submitting these declarations.

Officials said Pakistan is also working to strengthen international agreements to recover illicit wealth held abroad. A digital database will be created to track frozen, recovered, and repatriated assets.

Asset recovery and management units will be reinforced, while a framework will identify 10 high-risk government departments to reduce corruption vulnerabilities.

Reporting standards and volume of suspicious financial transactions will be expanded, and a comprehensive anti-corruption action plan is expected by October 2026.

The government will issue progress reports every six months.

Sources said Pakistan has committed to granting greater autonomy to the National Accountability Bureau (NAB), which will also conduct a national corruption risk assessment this year.

A joint task force on anti-money laundering and counter-terror financing will be established, comprising NAB, the Federal Investigation Agency (FIA), FBR, the Auditor General, and the Securities and Exchange Commission of Pakistan (SECP).

Officials added that the process for appointing the NAB chairman will be improved, introducing a merit-based, transparent, and open selection system. NAB’s performance reports will also be made public.

Work is also underway to further strengthen investigation and punishment mechanisms related to money laundering, officials said.