Monitoring Desk
ISLAMABAD:
In alignment with the International Monetary Fund’s (IMF) structural benchmarks, the Pakistani government plans to amend the Civil Servants Act by the end of February 2025.
This amendment will mandate that senior public officials, ranging from grades 17 to 22, publicly disclose their assets, including those held by their families. The asset declarations will be filed digitally through the Federal Board of Revenue (FBR) and will be accessible to the public, ensuring transparency while safeguarding personal information such as identification numbers, residential addresses, and bank account details.
This initiative is part of a broader commitment by Pakistani authorities to enhance governance and combat corruption. The government has also sought the IMF’s assistance in conducting a Governance and Corruption Diagnostic Assessment, with a report expected by July 2025. Additionally, plans are underway to publish a comprehensive review of compliance with the United Nations Convention against Corruption by September 2024.
These measures aim to strengthen institutional capacities, promote transparency, and provide a level playing field for businesses and investments in Pakistan. By enforcing stricter asset disclosure requirements, the government seeks to deter illicit enrichment and hold public officials accountable.
