ISLAMABAD: Pakistan has met another key requirement of the International Monetary Fund (IMF) as the Federal Board of Revenue (FBR) issued a draft to amend the Civil Servants’ Assets Declaration Rules, officials confirmed on Wednesday.
Under the proposed changes, the assets of all government officers from Grade 17 to Grade 22 will be declared and made publicly accessible, enabling citizens to view their asset details from the time they join service to the present.
According to the FBR notification, the term “public servant” will now cover officers of the federal and provincial governments, autonomous bodies, and corporations.
However, individuals exempted under the National Accountability Bureau (NAB) Ordinance 1999 will not be included in this category.
The FBR has sought feedback, objections, and suggestions from concerned stakeholders within seven days, noting that any submissions received after the deadline will not be considered.
Prepared under Section 237 of the Income Tax Ordinance 2001, the amendments aim to promote transparency and improve administrative efficiency.
Officials said the initiative is also intended to strengthen the system for verifying and sharing asset declarations, aligning with the IMF’s governance and accountability standards.