The finance ministry announced on Friday that details of assets owned by high-ranking government officials will be made publicly accessible online by the end of 2026, in a major step aimed at enhancing transparency and strengthening anti-money laundering (AML) efforts.

According to a statement from the ministry, the assets of federal and provincial officials will be reviewed under the AML framework, and the federal government has already notified the International Monetary Fund (IMF) of the new measures.

Under the upcoming system, officers in grades 17 to 22 will be required to disclose both domestic and foreign assets. Asset details of all civil servants at federal and provincial levels will also be published online with built-in privacy safeguards, data-protection features and a risk-based verification mechanism.

Banks will play a role in reviewing officials’ assets as part of AML compliance, while the framework will also allow scrutiny of assets held by employees of other government institutions.

The announcement follows the IMF’s Governance and Corruption Diagnostic (GCD) Assessment Report, which highlighted widespread corruption across multiple layers of the state. Among its recommendations, the report urged Pakistan to strengthen accountability by publishing senior civil servants’ asset declarations in 2026.

The IMF report also recommended ensuring full institutional independence for the Auditor General of Pakistan, removing legal ambiguities to improve money-laundering investigations, and enhancing the independence and effectiveness of the National Accountability Bureau (NAB). It further suggested establishing a centralised body to collect, digitise and publish asset declarations of high-level public officials.