Around 10,000 federal civil servants are expected to submit digital asset declarations by October 30, with public disclosure targeted for December 2026.
ISLAMABAD: Pakistan has told the International Monetary Fund (IMF) that asset declarations of senior federal civil servants will be made publicly available by December 2026 under a new digitised disclosure mechanism.
The commitment was conveyed during the IMF’s ongoing review discussions in Islamabad, where senior officials from the Establishment Division and the Federal Board of Revenue (FBR) provided an update on the implementation of the asset declaration system.
The initiative is being implemented under Section 15-A of the Civil Servants Act, 1973, which provides the legal framework for mandatory asset declarations by federal civil servants covered by the scheme.
Around 10,000 federal government employees are expected to submit their asset declarations through the digital system by October 30, 2026. Following submission and processing, the information is scheduled to be published by December, although officials have indicated that publication could extend into January 2027.
Digital system to replace conventional filing
Under the revised mechanism, covered federal civil servants will be required to provide details of their assets through a centralised electronic platform.
The move is intended to modernise the existing declaration process and establish a more structured system for collecting, maintaining and verifying information concerning the assets of public officials.
The digitised framework is also designed to strengthen oversight by enabling declarations to be processed electronically and subjected to risk-based verification.
The IMF has included the public disclosure of asset declarations by high-level federal civil servants as a structural benchmark under Pakistan’s economic reform programme, with the target set for the end of December 2026.
Public disclosure to include privacy safeguards
Although the declarations are to be made publicly accessible, the disclosure mechanism will incorporate safeguards to protect confidential personal information.
The framework provides for centralised digital submission, collection and risk-based verification of declarations while restricting the public release of information covered by defined privacy protections.
The declarations are expected to cover domestic and overseas assets beneficially owned by covered senior officials and their family members, subject to applicable confidentiality provisions.
The approach is intended to increase public transparency while maintaining protections for sensitive personal information.
Provincial officials not yet covered
The current exercise applies to federal civil servants and does not extend to employees serving in provincial governments.
Provincial public servants therefore remain outside the scope of the mandatory digitised declaration programme at this stage.
However, the broader reform agenda under the IMF programme envisages measures to extend similar digitisation and disclosure arrangements to senior officials in provincial governments and other public-sector entities through subsequent regulatory and legal changes.
Risk-based verification mechanism being developed
The reform extends beyond the electronic submission and publication of asset declarations, with a risk-based verification mechanism also being developed to identify inconsistencies or issues requiring further examination.
Under the proposed system, authorities will be able to use electronically submitted information to support more systematic scrutiny of declarations rather than relying solely on conventional filing procedures.
The latest briefing to the IMF comes as Pakistan and the Fund assess progress under the country’s ongoing economic programme.
The asset declaration initiative forms part of wider governance reforms aimed at improving transparency, strengthening institutional oversight and modernising the management of information relating to senior public officials.
If implemented according to the timeline communicated to the IMF, thousands of federal civil servants will complete their declarations digitally by the end of October, followed by public disclosure of the relevant information by the end of December 2026 or potentially January 2027.