The Opinion
  • Latest
  • Pakistan
  • Business
  • Technology
  • Health
  • Sports
  • Entertainment
  • World
  • Opinion
  • Write for us
No Result
View All Result
  • Latest
  • Pakistan
  • Business
  • Technology
  • Health
  • Sports
  • Entertainment
  • World
  • Opinion
  • Write for us
No Result
View All Result
The Opinion
No Result
View All Result

Govt agrees to IMF condition on officials asset disclosures

Web Desk by Web Desk
5 July 2025, 17:23 pm
in Latest, Must Read, Pakistan
0
Govt agrees to IMF condition on officials’ asset disclosures
TwitterFacebook

The federal government has met another requirement stipulated by the International Monetary Fund (IMF), requiring all government officials in Grade 17 and above to publicly declare their assets, sources were quoted by Saturday’s reports.

An official gazette notification for the Civil Servants (Amendment) Bill, 2025 has been issued after clearance by President Asif Ali Zardari. The bill intends to make the government transparent and open to the public the asset declarations of top government officials.

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

The Act aims to further operationalize Government Servants (Conduct) Rules, 1964—Rules 12, 13, and 13-A—in particular—and bring them in line with the Right to Information Act, 2017.

According to the scheme, declarations of assets of officials in Basic Pay Scale (BPS) 17 to 22, including assets owned beneficially within Pakistan or overseas by the officers or their dependents, will be submitted electronically and published for public viewing.

The bill provides that adequate safeguards will be in place to safeguard sensitive personal data like national identity numbers, address of residence, and bank or bond account numbers.

The FBR shall operate the digital platform, while the Establishment Division shall have a strong framework, support, and equipment to carry out risk-based verification of submitted declarations.

The decision is meant to ensure greater transparency, increase public trust, and raise accountability within the federal bureaucracy.

Before this, the International Monetary Fund (IMF) expressed concerns regarding political interference in Pakistan’s civil service appointments.

Sources say IMF Managing Director Kristalina Georgieva pointed out system failures in Pakistan’s governance architecture in a meeting with Finance Minister Muhammad Aurangzeb.

The IMF cited concerns over pervasive corruption risks due to weak institutional accountability and fragmented decision-making, sources indicated.

Tags: asset disclosuregrade 17 officersIMF condition
Previous Post

Mobile services suspended in multiple cities on 9th Muharram

Next Post

India-Pakistan trade persists despite tensions – The Opinion

Next Post
India-Pakistan trade persists despite tensions - The Opinion

India-Pakistan trade persists despite tensions - The Opinion

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay informed and entertained with the biggest stories from news, politics, showbiz, and beyond.

  • Latest
  • Pakistan
  • Business
  • Technology
  • Health
  • Sports
  • Entertainment
  • World
  • Opinion
  • Write for us

Useful Links

  • Blogs
  • About Us
  • Privacy Policy
  • Contact Us

Follow Us

  • info@theopinion.com.pk

All Right Reserved © 2023 – 25 | Developed by Accurate Links

No Result
View All Result
  • Latest
  • Pakistan
  • Business
  • Technology
  • Health
  • Sports
  • Entertainment
  • World
  • Opinion
  • Write for us

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.