IMF Seeks FBR Access to Bank Accounts of Govt Officials

ISLAMABAD: The International Monetary Fund (IMF) has reportedly sought access for Pakistan’s Federal Board of Revenue (FBR) to the bank accounts of public officials and senior government officers as part of ongoing discussions with the Ministry of Finance.

Technical-level talks between Pakistan and the IMF have begun, including special sessions with the FBR on tax revenues. According to sources, the FBR collected Rs13.01 trillion in taxes up to June 30, 2026.

Sources said Pakistan’s budget deficit stood at 2.9% of GDP at the end of the financial year, while the primary surplus reached Rs3.634 trillion, in line with the agreed target.

Non-tax revenue stood at Rs5.554 trillion, while petroleum development levy collections exceeded the target by Rs99 billion. Against a target of Rs1.468 trillion, petroleum development levy collections reached Rs1.567 trillion.

The IMF also held a special session with the Establishment Division concerning the assets and income tax returns of government officials.

According to sources, the IMF has sought FBR access to the bank accounts of officers in grades 17 to 22, as well as access to the bank accounts of public office holders.

The discussions also included demands for relevant anti-money laundering authorities, the Financial Monitoring Unit and the State Bank of Pakistan to have access to bank account information as part of efforts related to financial transparency and monitoring.