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Home Pakistan

Finance Division issues strict rules to prevent unauthorized office rentals

9 months ago
in Pakistan
Reading Time: 1 min read
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ISLAMABAD (Web Desk) โ€“ The Finance Division has directed all federal ministries, divisions, departments, and organizations to strictly follow rules when hiring private properties for office use.

Read also:ย AGP uncovers massive financial irregularities in SECP; finance minister orders inquiry

It was revealed the instructions were issued after audits revealed that some government offices entered into lease agreements with rents exceeding permitted limits and sought approvals only after audit objections. Such practices are in violation of earlier Finance Division guidelines issued in 2001.

The Finance Division emphasized that no retroactive approval will be granted in the future. Ministries and departments must obtain prior permission from the Finance Divisionโ€™s Regulation Wing and adhere to rental rates set by the Ministry of Housing & Works.

All proposals for new office rentals or rent increases must be approved by the concerned ministryโ€™s Secretary and submitted through the relevant Joint Secretary, along with all required documents. Missing documents, including owner consent, space entitlement statements, staff strength details, official maps, and previous lease agreements, will result in rejection at the initial stage.

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The Finance Division stated that these measures are essential to ensure transparency, proper utilization of public funds, and compliance with government regulations.

Tags: audit compliancefederal ministriesFinance Divisiongovernment officeslease agreementsMinistry of Housing & Worksoffice rentalspublic funds.transparency
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