Pakistan to publish officials’ assets by December

ISLAMABAD: The government of Pakistan has announced plans to publish the assets of senior government officials by December 2026 and has assured the IMF of measures to improve governance and accelerate anti-corruption reforms.

According to government sources, a comprehensive action plan and timeline have been shared with the IMF, outlining initiatives from asset disclosure to repatriation of looted wealth from abroad.

The plan specifies that by December 2026, the assets of senior officials will be made publicly accessible. The Federal Board of Revenue (FBR) will develop a modern digital platform for officials to submit asset declarations online. Banks will also be granted access to these records to ensure transparency in financial transactions.

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To recover looted wealth, the government aims to strengthen international agreements, establish a central digital database of frozen, recovered, and returned assets, and further empower asset recovery and management units.

Significant structural changes are planned for the National Accountability Bureau (NAB), including greater administrative and financial autonomy. The government is considering establishing an independent commission with opposition representation for appointing the NAB chairman. Merit-based, transparent selection and regular public performance reporting will also be implemented.

A high-level task force will be created to prevent financial crimes and money laundering. The task force will include NAB, Federal Investigation Agency (FIA), FBR, Auditor General, and SECP, aiming to enhance reporting of suspicious financial transactions and enforce stricter penalties for money laundering.

The government has identified ten major departments for prioritized anti-corruption reforms. A full action plan against corruption will be prepared by October 2026, with progress reports to the IMF submitted every six months.