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IMF Warns: Dismantle Elite Privilege to Revive Pakistan's Economy

11/26/2025

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Story summary
  • The International Monetary Fund (IMF) reports that corruption and state capture drive Pakistan's economic crisis, with policy benefits flowing to a narrow elite.
  • The Governance and Corruption Diagnostic Assessment (GCDA) warns that elite privilege must be dismantled to avoid continued stagnation.
  • The IMF says governance reforms could lift GDP by 5-6.5% over five years, and calls for stronger fiscal management and transparency, including the Special Investment Facilitation Council (SIFC).