The Pakistani government is seeking parliamentary approval for a broad package of 174 proposed legal amendments linked to commitments under the country’s ongoing International Monetary Fund (IMF) programmes.
The proposed changes cover several areas of economic governance, including state-owned enterprises (SOEs), financial-sector regulation, remittances, climate-related measures and other structural reforms. Finance Secretary Imdadullah Bosal previously told the National Assembly Standing Committee on Finance and Revenue that the government was preparing the amendments for consideration by Parliament.
The development comes as Pakistan continues discussions with the IMF under its $7 billion Extended Fund Facility and the $1.4 billion Resilience and Sustainability Facility. The IMF has linked several reform measures to improving governance, reducing inefficiencies and strengthening the management of state-owned enterprises.
The latest efforts have also brought parliamentary leaders into discussions over the proposed legislation. National Assembly Speaker Ayaz Sadiq held consultations with senior Pakistan Peoples Party (PPP) representatives, including Naveed Qamar and Sherry Rehman, regarding legislation associated with the IMF programme.
Federal ministers and senior government officials also participated in the discussions, according to reports. The consultations reflect efforts to build parliamentary support for legislation that the government considers necessary for meeting its reform commitments.
Earlier reports had indicated differences between the government and the PPP over the proposed legislation. However, a later meeting between the Pakistan Muslim League-Nawaz (PML-N) and PPP on October 1 reported an agreement to support legislation considered to be in the national interest.
The proposed amendments form part of a wider reform agenda being pursued under Pakistan’s IMF programmes. According to the IMF’s latest country review, SOE reforms remain a central component of efforts to strengthen governance and reduce inefficiencies.
The IMF reported that Pakistan had already sent amendments concerning six SOEs to Parliament in January 2026. It also identified further work involving statutory SOEs and changes related to the Sovereign Wealth Fund’s governance framework.
Under the reform framework, the government is working to bring state-owned enterprises governed by separate laws into line with the broader SOE Act. The IMF has also highlighted measures involving independent boards, financial reporting and public service obligations for major SOEs.
The 174 proposed amendments are broader than SOE legislation alone. Recent parliamentary reporting has said the package includes measures relating to financial-sector governance, foreign remittances, climate policy and local currency integration, while other reports have identified areas such as taxation, energy, privatization and the Sovereign Wealth Fund.
The government has stated that the proposed legislation will be presented to Parliament, while final approval remains with lawmakers. This distinction is important because IMF programme commitments can require legislative action, but the passage of laws remains subject to Pakistan’s constitutional and parliamentary procedures.
Pakistan’s IMF programme has placed considerable emphasis on structural reforms alongside fiscal and monetary measures. The IMF has said the programme includes efforts to improve SOE management, strengthen governance, reduce market distortions and create conditions for greater private-sector activity.
As formal review discussions continue, the proposed legislative package is expected to remain an important part of the government’s engagement with Parliament and the IMF. The timing and outcome of parliamentary consideration will determine how the proposed amendments are incorporated into Pakistan’s legal framework.
