Pakistan, Oct. 8 -- Pakistan has made progress in its ongoing economic review talks with the International Monetary Fund (IMF), as the government has fulfilled another major condition set by the global lender. The Federal Board of Revenue (FBR) has issued a draft amendment to the rules governing civil servants' asset declarations, marking a significant step toward improved transparency and compliance with IMF requirements.

Under the proposed changes, officers from Grade 17 to 22 will now be required to declare their assets, aligning with the IMF's demand for greater financial disclosure among senior public officials. According to the FBR, the new definition of "public servant" will include federal and provincial government officers, empl...