Government Makes Asset Declarations Mandatory for Grade-17 and Above Officers Under IMF Condition

The government has fulfilled another key condition set by the International Monetary Fund (IMF) by introducing a sweeping requirement for asset disclosure across public service ranks. Under the new directive, all officers from grade 17 and higher—across federal ministries, provincial departments, and autonomous bodies—must now submit annual asset declarations to the Federal Board of Revenue (FBR).

According to official documents, the new compliance framework mandates officers to provide complete details of their properties and financial holdings. This includes bungalows, houses, plots, vehicles, and cash reserves. The requirement extends not only to traditional civil servants but also to officials serving in semi-government and autonomous institutions.

The implementation marks a major expansion from the previous system, where only members of the civil bureaucracy were obligated to declare their assets. Now, thousands of additional officers will be brought into the annual declaration net.

FBR sources confirmed that employees of major autonomous entities—including WAPDA, PIA, Sui Northern and Southern Gas companies, and OGDCL—will be required to file their annual asset statements just like federal and provincial government officers. The only exemptions are for categories already protected under NAB law, such as judges, military officers, and certain other designated groups.

The government views this step as essential for enhancing financial transparency and strengthening oversight of public servants’ wealth. It is also a critical component of the IMF-driven reform agenda aimed at curbing corruption, broadening documentation, and improving governance standards in public institutions.