What structural reform did the IMF require regarding Pakistan's State-Owned Enterprises (SOEs)?
Q1. What structural reform did the IMF require regarding Pakistan's State-Owned Enterprises (SOEs)?
Answer: Rationalization, improved governance, and selective privatization of loss-making SOEs
Explanation: The IMF required Pakistan to rationalise its SOE sector through improved corporate governance, reduced fiscal subsidies, financial discipline, and selective privatisation of chronically loss-making state enterprises.