Islamabad – The Institute of Cost and Management Accountants (ICMA) of Pakistan has unveiled a detailed, IMF-backed blueprint aimed at tackling deep-rooted corruption, strengthening governance and steering Pakistan toward sustainable economic recovery.
The comprehensive plan translates the International Monetary Fund’s Governance and Corruption Diagnostic Assessment (GCDA) into a practical, time-bound reform agenda, focusing on improving transparency, accountability and institutional efficiency. The roadmap outlines clear responsibilities for key state institutions to ensure that reform commitments move beyond policy statements and into effective implementation.
According to ICMA, the proposal addresses long-standing weaknesses that have hindered economic growth, discouraged investment and eroded public trust. The blueprint identifies multiple priority areas, including public finance management, revenue collection, judicial efficiency and anti-corruption enforcement, and recommends structural reforms to plug revenue leakages and enhance oversight.
A central feature of the plan is the strengthening of fiscal discipline through improved parliamentary and institutional scrutiny. ICMA has proposed the creation of specialised monitoring and intelligence units to support data-driven audits, tax simplification and public investment oversight, aimed at boosting revenue and reducing wastage.
The blueprint also stresses the need for institutional coordination in anti-corruption efforts, calling for stronger collaboration among accountability bodies and enhanced protections for whistleblowers. In addition, reforms to the judicial system, including faster dispute resolution mechanisms and technology-driven case management, are highlighted as essential to improving the business climate.
ICMA leadership has described the initiative as a national contribution, expressing readiness to assist the government and international partners in executing the reforms. The organisation believes that effective implementation could significantly improve investor confidence, strengthen state institutions and support long-term economic stability.
The proposal comes at a time when Pakistan faces mounting pressure to deliver meaningful reforms under ongoing economic stabilisation programmes. Analysts note that translating diagnostic findings into concrete action remains critical if the country is to overcome governance challenges and place its economy on a resilient growth path.
This story has been reported by PakTribune. All rights reserved.