Pakistan Notifies Revamped Procurement Rules, Linked to IMF Tranche

The government has immediately implemented the Public Procurement Rules 2026, establishing a new framework focused on digital procurement, third-party oversight, and enhanced transparency. These reforms, including strengthened grievance procedures, are seen as part of 174 legislative amendments agreed with the IMF under the ongoing Extended Fund Facility. Sceptics suggest the notification was an upfront condition for the release of the next crucial tranche for balance of payment support. This move, if it secures the IMF tranche, could contribute to Rupee stability, potentially influencing local gold and currency rates.

بحوالہ / Source: www.brecorder.com