Islamabad, Sep 25: The Finance Division of Pakistan has introduced strict guidelines for the allocation and re-appropriation of funds during the financial year, emphasizing the importance of maintaining fiscal discipline. According to the notification issued, no supplementary grant will be provided for any additional, unbudgeted spending beyond the parliamentary-approved level, except in cases of severe natural disasters.
Key aspects include:
- Re-appropriation of funds: Principal Accounting Officers (PAOs) are empowered to reallocate funds within approved limits but must avoid re-appropriation from unreleased budgets.
- Supplementary Grants: Requests for additional funds require a thorough justification process, including certification from PAOs that all alternatives have been exhausted.
- Technical Supplementary Grants (TSG): Similar procedures must be followed, with scrutiny from the Expenditure Wing and Budget Wing to ensure fiscal responsibility.
These measures are in line with Article 84 of the Constitution and the Public Financial Management (PFM) Act, 2019, to prevent fiscal mismanagement and ensure responsible use of government resources.
