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Home Economy

Pakistan Expands Asset Declaration Rules for Senior Officers

by Anum Arif
October 8, 2025
in Economy
Reading Time: 1 min read
0
IMF PAK

IMF Executive Board clears $1.2bn for Pakistan under EFF and RSF after completing key programme reviews.

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Pakistan has taken a significant step toward meeting another key requirement set by the International Monetary Fund (IMF) as part of the ongoing economic review talks. The Federal Board of Revenue (FBR) has issued a draft amendment to the Civil Servants Rules, expanding the scope of asset declarations to include all government officers in grades 17 to 22.

According to the notification released on Wednesday, the definition of “public servant” has been amended to include officers serving in both federal and provincial governments, autonomous bodies, and public corporations. However, individuals exempted under the National Accountability Bureau (NAB) Ordinance 1999 will remain outside this definition.

The new framework is designed to align Pakistan’s asset declaration system with international standards and IMF transparency benchmarks. It aims to strengthen oversight, reduce corruption risks, and ensure public officials disclose their assets accurately.

The FBR has invited all relevant stakeholders to share their views and objections regarding the draft amendment within seven days. Any submissions received after the deadline will not be entertained.

Officials noted that these changes were prepared under Section 237 of the Income Tax Ordinance 2001 and are part of a broader government effort to improve administrative procedures and foster fiscal transparency.

Tags: Asset DeclarationCivil Servants RulesFBRGovernance ReformGrade 17–22 OfficersIMFIncome Tax Ordinance 2001pakistan economytransparency

Anum Arif

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