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
xr:d:DAFUw169jpg:16,j:2231928652156531663,t:23063008

xr:d:DAFUw169jpg:16,j:2231928652156531663,t:23063008

Pakistan assures IMF it will expand banks’ access to monitor suspicious financial activity

byCT Report
15/05/2026
in Breaking News, Lahore, Latest News
Share on FacebookShare on Twitter

ISLAMABAD: The government has decided to make the assets of top government officials public by December 2026 as part of commitments made to the International Monetary Fund (IMF) to strengthen institutions against corruption.

According to documents, confidential information and asset details of senior officers will be available to the public through an online system.

You might also like

Maritime affairs minister steps up efforts to free Pakistani seamen held by Somali pirates

08/06/2026

Peshawar Customs to auction over 60 vehicles on June 10, 2026

08/06/2026

The government has set a December 2026 deadline to establish a system for publishing the asset declarations of senior government officials.

Officials’ asset information will be collected through a central digital system. A digital platform for asset submission will be created by July 2026.

Banks to get greater access to records

Banks will be given further access to the assets of senior government officials to help monitor money laundering and suspicious financial activities.

According to the documents, the Federal Board of Revenue (FBR) will develop a risk-based asset verification system.

By June 2026, the FBR will publish related statistics on its website, making it possible to determine how many times banks accessed asset information.

The government has also decided to make the appointment process of the National Accountability Bureau (NAB) chairman more transparent. Pakistan has assured the IMF that amendments to the relevant law will be presented in parliament.

NAB performance reports

Documents show that NAB investigations, case rules and the institution’s annual performance report will be published.

A corruption risk assessment methodology will also be developed by October 2026 to help reduce corruption risks in government institutions.

The documents further stated that the United Nations Anti-Corruption Review Report has been published.

The broader aim of these measures is to improve transparency, strengthen accountability institutions and reduce corruption risks across government departments.

Related Stories

Maritime affairs minister steps up efforts to free Pakistani seamen held by Somali pirates

byCT Report
08/06/2026

KARACHI: Islamabad has intensified diplomatic efforts to secure the release of Pakistani crew members being held hostage by pirates aboard...

Peshawar Customs to auction over 60 vehicles on June 10, 2026

byCT Report
08/06/2026

PESHAWAR: The Collectorate of Customs (Enforcement), Peshawar, has announced a public auction of more than 60 seized and confiscated vehicles,...

FTO orders FBR to withdraw penalties imposed on NBP branch manager

byCT Report
08/06/2026

LAHORE: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to withdraw penalties imposed on a...

FBR to launch crackdown on non-filers flaunting wealth on social media

byCT Report
08/06/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to launch a large-scale crackdown from October 1 of the next...

Next Post

RCCI urge govt to withdraw smart lockdown in view of Eid Alzuha

  • 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.