IMF asks for SOE law changes before board meeting
The International Monetary Fund (IMF) has expressed concern over continuous delay in amending half a dozen laws of state-owned enterprises (SOEs), particularly the lack of an effective governance model for the Water and Power Development Authority (Wapda), and has asked Pakistan to amend these laws before board meeting. During ongoing talks on the fourth review, the IMF mission evaluated progress on amending the National Accountability Ordinance to make the appointment process for the National Accountability Bureau (NAB) chairman transparent and rule-based, Pakistani authorities negotiating with the IMF told The Express Tribune.