The federal government has fulfilled another key condition of the International Monetary Fund (IMF) by making the assets of public officials public. Now government officers from Grade 17 and above will be required to file their own and their family's assets digitally. With the president's approval, the Civil Servants (Amendment) Act 2025 has been issued via gazette notification. The Establishment Division has also forwarded the notification to all federal ministries and divisions. A new Section 15-A has been added to the Civil Servants Act 1973, which states that the details of government officials' assets will be made public through the Federal Board of Revenue. Officers will be required to disclose their domestic and foreign assets as well as their financial standing. The confidentiality of any officer's personal information will be maintained. Earlier this week, the government imposed new taxes on the public in line with IMF conditions. It has introduced a petroleum climate support levy with an additional climate levy of Rs2.50 per liter on petrol, diesel, and kerosene.
from Pakistan News, Latest News Pakistan, Pakistan Headline | The Express Tribune https://ift.tt/YdqvL4a
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