ISLAMABAD: The government has decided to introduce a comprehensive asset declaration system for senior public officials by December 2026 as part of broader anti-corruption and transparency reforms.

Under the proposed framework, details of officials’ assets and confidential financial information will be made publicly accessible through a centralized digital system, according to official documents.

The move is aimed at reducing corruption risks within public institutions and strengthening oversight of suspicious financial activities and money laundering.

Authorities also plan to expand banks’ access to asset-related information of senior government officers to improve monitoring mechanisms. Officials said the digital platform for submitting asset declarations is expected to be launched by July 2026.

According to the plan, the Federal Board of Revenue will begin publishing related statistics on its website by June 2026, including data on how frequently banks access officials’ financial information.

The government also intends to develop a corruption risk assessment mechanism by October 2026 to improve institutional accountability and transparency.

In addition, reforms are being proposed for the National Accountability Bureau (NAB), including measures to make the appointment process for the NAB chairman more transparent.

Officials said amendments to relevant laws would be presented before parliament, while NAB’s investigation procedures, case rules and annual performance reports would also be made public.

The government has further assured improvements in the performance of provincial anti-corruption institutions to strengthen efforts against financial misconduct and governance-related risks.

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