Pakistan, May 5 -- The International Monetary Fund (IMF) has reportedly demanded that Pakistan implement six strict conditions to make its sovereign wealth fund fully operational, according to official sources in Islamabad.

The conditions are aimed at strengthening financial discipline and limiting the fund's exposure to riskier economic activities. Under the proposed framework, the sovereign wealth fund would be barred from taking loans or any form of borrowing, providing guarantees or collateral, or extending credit to public or private entities.

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It would also be prohibited from participating in public-private partnership projects, acquiring financial assets or instrum...