Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Breaking News

Govt accepts IMF demand to public officers’ asset declaration

byCT Report
07/07/2025
in Breaking News, Islamabad, Latest News, Slider News
Share on FacebookShare on Twitter

ISLAMABAD: The federal government has fulfilled another condition set by the International Monetary Fund (IMF), making it mandatory for all government officers in Grade 17 and above to publicly declare their assets.

A gazette notification for the Civil Servants (Amendment) Bill, 2025 has been officially issued following approval by President Asif Ali Zardari. The bill aims to enhance transparency and provide public access to the asset declarations of senior government officials.

You might also like

Finance minister discusses REITs growth with stakeholders

02/05/2026

PM Shehbaz engages Bilal Bin Saqib on future of digital finance

02/05/2026

The Establishment Division has forwarded the gazette notification to all federal ministries and divisions.

The legislation is intended to further operationalize the Government Servants (Conduct) Rules, 1964—specifically Rules 12, 13, and 13-A—and align them with the provisions of the Right to Information Act, 2017.

Under the framework, asset declarations of officers in Basic Pay Scale (BPS) 17 to 22—including assets beneficially owned domestically or abroad by the officials or their family members—will be filed digitally and made publicly accessible.

The bill provides that sufficient safeguards will be ensured to protect sensitive personal information, such as national identity numbers, residential addresses, and bank or bond account numbers.

The Federal Board of Revenue (FBR) will maintain the digital platform, while the Establishment Division will be equipped with a robust framework, resources, and tools to conduct risk-based verifications of the submitted declarations.

The move is aimed at promoting transparency, strengthening public trust, and enhancing accountability across the federal bureaucracy.

Earlier, the International Monetary Fund (IMF) raised concerns over political interference in civil service appointments in Pakistan.

According to sources, IMF Managing Director Kristalina Georgieva highlighted systemic flaws in Pakistan’s governance structure during a meeting with Finance Minister Muhammad Aurangzeb.

The IMF expressed reservations about widespread corruption risks, citing weak institutional accountability and fragmented decision-making processes, sources said.

Related Stories

Finance minister discusses REITs growth with stakeholders

byCT Report
02/05/2026

ISLAMABAD:Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb on Saturday chaired a virtual meeting of the Focus Group to...

PM Shehbaz engages Bilal Bin Saqib on future of digital finance

byCT Report
02/05/2026

LAHORE: Prime Minister Shehbaz Sharif held a meeting with Chairman of the Pakistan Virtual Assets Regulatory Authority (PVARA) Bilal Bin...

CM’s advisor Ali Mustafa Dar unveils AI governance plan

byCT Report
02/05/2026

RAWALPINDI: Advisor to the Chief Minister of Punjab on Artificial Intelligence and Special Initiatives, Ali Mustafa Dar, has announced that...

Pakistan’s inflation hits two-year high at 10.9pc in April

byCT Report
02/05/2026

ISLAMABAD: Pakistan’s inflation surged to a near two-year high of 10.9% in April, driven by rising fuel prices, global supply...

Next Post

FBR unveils Pakistan’s first AI-based custom clearance, risk management system

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.