PESHAWAR, Oct 25 (DNA):Khyber Pakhtunkhwa government has issued new directives aimed at ensuring transparent release of public funds and preventing financial irregularities during 2026-27 fiscal year.
A spokesperson for KP Finance Department confirmed issuance of an official notification on Sunday, outlining strict protocols for fund management.
Under new guidelines, disbursement of any public funds will strictly depend on approval from competent authority and compliance with prescribed requirements, alongside daily scrutiny and mandatory safeguarding of all supporting documentation for reporting to relevant department heads.
To maintain real-time oversight, directive mandates that all fund releases be recorded in SAP system on day of disbursement, with Public Financial Management (PFM) dashboard updated daily.
This digital tracking mechanism strictly enforces that even emergency funds cannot be released without prior official authorization.
Furthermore, the budget officers are required to submit weekly certificates to their respective Secretaries, and the notification explicitly warns that strict legal action will be taken against officials responsible for delayed fund releases, negligence, or financial misconduct.
