Web Desk — November 6, 2025
Islamabad: The government has decided to broaden the scope of the asset declaration system, incorporating recommendations from the International Monetary Fund (IMF) to foster greater accountability among public servants.
Sources reveal that in the second phase, officials on Special Pay Package Scales (SPPS) will now be required to mandatorily declare their assets, extending the regime beyond traditional civil servants. This includes directors, legal advisors, project directors, and special experts working in federal and provincial capacities.
Under the updated policy, these individuals must disclose details of their properties, bank accounts, vehicles, and other financial assets, aligning their obligations with those of regular government employees. The move aims to inject transparency into the system and clarify the financial status of merit-based appointees, ensuring alignment with public interest.
Government circles indicate that a formal mechanism is being developed to collect and securely store these declarations in an organized manner. Departments will receive directives to oversee compliance and enforcement, with clear procedures outlined for action against non-compliant officers.
This expansion builds on initial asset declaration efforts introduced earlier in the year, responding to IMF conditions tied to the ongoing Extended Fund Facility program. Officials expect the policy to deter undeclared wealth accumulation and strengthen anti-corruption frameworks, with implementation guidelines to be issued shortly.
The decision underscores Pakistan’s commitment to governance reforms, potentially paving the way for similar extensions to other high-level contractual roles in the near future.
