IMF urges Pakistan to fully implement National Tariff Policy 2025–30
The International Monetary Fund (IMF) has urged Pakistan to ensure full implementation of the National Tariff Policy 2025–30, calling for key reforms to simplify the country’s tariff structure and strengthen the autonomy of decision-making bodies. In its latest assessment, the IMF stressed the need to streamline tariff reforms and reduce the National Tariff Commission’s reliance…
The International Monetary Fund (IMF) has urged Pakistan to ensure full implementation of the National Tariff Policy 2025–30, calling for key reforms to simplify the country’s tariff structure and strengthen the autonomy of decision-making bodies.
In its latest assessment, the IMF stressed the need to streamline tariff reforms and reduce the National Tariff Commission’s reliance on external consultants. The Fund also highlighted the importance of limiting the influence of lobbying groups by enhancing the Commission’s technical capacity.
The IMF noted that the credibility of institutions must be strengthened by reducing external interference and curbing rent-seeking behaviour. It warned that weak customs enforcement continues to undermine the impact of tariff reforms.
According to the IMF, Pakistan should address structural gaps within the customs system, abolish Section 18-A of the Fifth Schedule, and restrict exemptions granted under Section 19 of the Customs Act. The Fund emphasized that discretionary tax waivers should be minimized to build a more predictable and transparent tariff regime.
