Islamabad: The International Monetary Fund (IMF) has asked Pakistan to implement key legal amendments to fully operationalize its sovereign wealth fund in line with parliamentary approval.
According to sources, the IMF has proposed six strict conditions under which the fund will not be allowed to borrow, provide guarantees, or take on any financial liabilities.
The fund will also be restricted from lending to public or private entities, participating in public-private partnership projects, or acquiring financial instruments and assets.
Additionally, it will be barred from receiving financial support from the central bank or other government institutions, as well as from engaging in investments or partnerships with state-owned enterprises and financial institutions.
Officials stated that these amendments will be incorporated into law as a structural benchmark following the approval of the 2026–27 federal budget.
Meanwhile, the government has submitted six amendments related to state-owned enterprises to parliament to align them with the State-Owned Enterprises Act.
