NAB Chairman Appointment Action Plan to IMF

NAB Chairman Appointment Action Plan has been shared with the International Monetary Fund as Pakistan moves to reform key accountability and regulatory institutions.

Pakistan has shared an action plan with the International Monetary Fund to review the appointment process of the National Accountability Bureau chairman.

Asset Declarations of Civil Servants

The government will also publish asset declarations of senior federal civil servants in 2026. It will introduce a risk-based asset verification system to improve transparency.

Officials will review the current procedure for appointing the NAB chairman. They will present the revised process before the federal cabinet for approval.

The IMF review mission will visit Pakistan from February 25 to March 11, 2026. The mission will assess performance under the 7 billion dollar Extended Fund Facility and the 1.4 billion dollar Resilience and Sustainability Facility.

Governance Reforms And Anti-Corruption Act

Governance reforms and anti-corruption measures will remain central during the visit. The delegation will examine Pakistan’s response to governance and corruption diagnostics.

Pakistan has agreed to strengthen the legal framework for appointing heads of major regulatory bodies. These include the Competition Commission of Pakistan, the Securities and Exchange Commission of Pakistan, and NAB.

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The reforms aim to promote merit-based and transparent appointments.

The proposed amendment bill for SECP introduces a formal selection committee. The committee will identify and recommend candidates. The federal government will issue rules to formalize the appointment process.

New SECP Rules

Authorities will notify new SECP rules. These rules will define procedures for appointing the chairman, commissioners, and policy board members. They will also ensure that the appointment process starts at least three months before a term ends.

SECP will publish an annual governance and transparency report after policy board approval. Officials expect these measures to improve regulatory stability and investor confidence by June 27.

Lawmakers will amend the Competition Act 2010. The amendment will allow an independent appointment of the CCP chairperson.

CCP Rules

The government will also notify CCP rules. These rules will outline appointment procedures and require early initiation before term completion. The commission will publish its approved annual governance and transparency report.

Officials expect stronger competition enforcement in markets, including commodity markets, by June 27.

Authorities will complete a formal review of the NAB chairman appointment process. They will take further steps if required to enhance NAB’s public credibility as an anti-corruption body.

Pakistan shared the NAB Chairman Appointment Action Plan with the IMF to strengthen governance, improve transparency, and reinforce merit-based leadership in key institutions by June 27, 2026.