Ministries, divisions asked to ensure timely surrender of uplift funds till 30th

ISLAMABAD: In order to comply with directives issued by the Public Accounts Committee (PAC), the Finance Ministry has instructed all ministries/divisions to ensure the timely surrender of funds related to Employee Related Expenses (ERE), non-ERE, grants, subsidies, and development funds by end of the ongoing month. According to the Office Memorandum (OM) issued by the Finance Division, the PAC in its recent meeting has directed Finance Division to ensure timely surrender of savings to make funds available where required.

In compliance with the directions of the PAC and to finalize revised estimates for FY2024-25 and firm up budget estimates for upcoming fiscal year, all principal accounting officers are requested to surrender anticipated savings for the following expenditures in favour of Finance Division, latest by 30th April 2025: i. Running of Civil Government, both ERE and Non-ERE Grants. Subsidies and Development funds within the revised PSDP of Rs1,100 billion.