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    Pakistan Emerges as Key Mediator as US and Iran Express Confidence in Islamabad Talks

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    Pakistan Emerges as Key Mediator as US and Iran Express Confidence in Islamabad Talks

    Pakistan Emerges as Key Mediator as US and Iran Express Confidence in Islamabad Talks

    IMF reaches staff-level deal with Pakistan, unlocking $1.2bn pending approval

    IMF reaches staff-level deal with Pakistan, unlocking $1.2bn pending approval

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    Head constable martyred, two militants killed in Bannu attack

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    Pakistan steps up mediation as PM Shehbaz briefs Iranian president on peace efforts

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    Pakistani Vessel ‘Multan’ Granted Rare Passage Through Strait of Hormuz Amid Closure

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    PM Shehbaz Rejects Fuel Price Hike Again, Govt to Bear Massive Burden

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    Islamabad Court Issues Non-Bailable Arrest Warrants for KP CM Sohail Afridi

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    IMF reaches staff-level deal with Pakistan, unlocking $1.2bn pending approval

    IMF reaches staff-level deal with Pakistan, unlocking $1.2bn pending approval

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    PM Shehbaz Rejects Fuel Price Hike Again, Govt to Bear Massive Burden

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    ECC Approves Rs100bn for PM Austerity Fund, Greenlights Wheat Procurement

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    Supply chain attacks emerged as a top threat for businesses in past year: Kaspersky

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    Global Shipping Faces Severe Disruption as Strait of Hormuz Tensions Leave Thousands of Ships Stranded

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    PM Shehbaz Directs Acceleration of Food Exports to Gulf Countries, Ensures Domestic Supply

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    Govt Finalises App-Based Fuel Quota System for Low-Income Users

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    Govt Assures Stable Fuel Supply Amid Expected Price Hike

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    PSX Surges Over 1,200 Points Amid Volatile Trading Session

  • World
    Escalation Intensifies as Strikes Hit Iran, Retaliation Expands Across Region

    Escalation Intensifies as Strikes Hit Iran, Retaliation Expands Across Region

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    Pakistan Emerges as Key Mediator as US and Iran Express Confidence in Islamabad Talks

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    Islamabad hosts key regional talks as Pakistan intensifies Iran-US mediation

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  • Sports
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    PSL 11 to Be Held Without Spectators, Limited to Karachi and Lahore Amid Austerity Measures

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    Pakistan’s Abrar Ahmed picked by Sunrisers Leeds in The Hundred auction despite political concerns

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  • Environment
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    Pakistan ranked most polluted country in 2025, data shows

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    Massive Blizzard Halts Travel Across U.S. Northeast, Over 5,700 Flights Canceled

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    Glacier Grafting: Pakistan’s Himalayan Communities Fight Water Scarcity Amid Melting Glaciers

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    WRAP holds workshop to advance institutionalization

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    Fresh Weather System to Bring Rain, Snowfall Across Pakistan Amid Cold Wave

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    Snowfall Disrupts Life Across KP and Murree; Rescue Operations Continue in Tirah

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    Uzbekistan and Pakistan strengthen the bridges of friendship

    Uzbekistan and Pakistan strengthen the bridges of friendship

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    Remembering Khojaly is a moral obligation

    Ukraine’s Existential Struggle for Freedom and Independence

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    Rising Global Temperatures Mark 2025 as Another Critical Climate Year

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    Uzbekistan and Pakistan on the path toward a new architecture of strategic partnership

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CGA & PSQCA Sign Landmark MoU to Digitize Financial Systems, Ensuring Transparency & Efficiency

News Desk by News Desk
February 13, 2026
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CGA & PSQCA Sign Landmark MoU to Digitize Financial Systems, Ensuring Transparency & Efficiency
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KARACHI – CGA & PSQCA Sign Landmark MoU to Digitize Financial Systems, Ensuring Transparency & Efficiency In a significant stride toward institutional modernization and financial reform, the Controller General of Accounts (CGA) and the Pakistan Standards & Quality Control Authority (PSQCA) have entered into a strategic partnership through a Memorandum of Understanding (MoU).

The agreement marks the official commencement of the Financial Accounting and Budgeting System (FABS) implementation within PSQCA. This initiative forms the core of the reform agenda led by the incumbent Director General- PSQCA, Dr. Sayeda Zia Batool, in line with the vision of the Honorable Minister for Science & Technology, Mr. Khalid Hussain Magsi, to strengthen governance, ensure fiscal discipline, and enhance public trust through full digitization and transparency.

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The MoU was signed by the Director General (Management Information Systems), Mr. Abdul Basit Jasra on behalf of CGA and by the Director General (PSQCA), Dr. Sayeda Zia Batool, on behalf of PSQCA. The signing ceremony was witnessed by the Secretary of the Ministry of Science & Technology, Mr. Shahid Iqbal Baloch, who appreciated this initiative as a significant step toward ensuring financial transparency, accountability, and institutional efficiency within PSQCA.

Under the MoU, the CGA, through its Directorate General (Management Information Systems), will provide comprehensive technical support to integrate FABS across PSQCA’s headquarters in Karachi and all regional offices.Key components of the collaboration include: i. Automation of Payroll & Pension Systems: Software licenses will be provided free of cost to digitize and streamline salary and pension disbursements. ii.

Deployment of Expert Resources: Specialized SAP professionals will be engaged to ensure seamless system implementation and management. iii. Capacity Building: PSQCA staff will receive structured training to independently operate and maintain the system in the long term. iv. National Financial Alignment: The system will adopt the National Chart of Accounts, ensuring standardized, transparent, and audit-ready financial reporting.PSQCA shall be overseeing the procurement of necessary hardware and secure network infrastructure to support the new system.

Dr. Sayeda Zia Batool emphasized that this partnership is a fundamental reform to eliminate manual processes, reduce discretion, and ensure real-time accountability. The MoU signing underscores the Government of Pakistan’s vision for a “Digital Pakistan” and demonstrates PSQCA’s role in embracing innovation to improve service delivery, operational efficiency, and public confidence.

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