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Finance
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7/18/2019 Organisational Divisions
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Organisational divisions [edit ]
Finance [edit ]
The Finance Division (FD) is the most elite bureaucratic division under the Finance Ministry's
purview. The FD comes under the supervision of the ecretary of Finance ! an office held by Dr
"a#ar Masood $han as of %& .
The division's bureaucracy is divided into several win s and units as listed below*
• +uman ,esource Mana ement (+,M) "in * -asic functions include the official business
mana ement of the or anisation throu h the provision of effective human resource . The win
also provides lo istic support to various other units of the or anisation. [%]
• -ud et "in * -asic functions include the coordination! preparation! printin and publishin
of fiscal bud ets and related documents for the federal overnment. The win is also
responsible for the implementation of the bud etary tar ets and preparin monthly reports
thereon. [ ]
• /orporate Finance "in * -asic functions include loo0in after the economic! financial! and
corporate affairs of all 1ublic ector 2ntities (1 2s) that wor0 under the administrative control of
various federal ministries and their divisions. [ ]
• 2conomic 3dviser's (23) "in * -asic functions include the publication of the Economic
Survey of Pakistan ! both in 4rdu and 2n lish! prior to the announcement of the federal bud et.The bud etary supplement evaluates the overall economic performance of the country based on
various economic factors as evident in the precedin fiscal year's data. [5]
• 26penditure "in * -asic functions include the revision and finalisation of the federal bud et!
enforcement of economic measures and disbursements of pension funds. [7]
• 26ternal Finance (2F) "in * -asic functions include the arran ement of financin from
international financial institutions for balance of payments and bud etary support. The 2F win
also allocates and utilises the forei n e6chan e and releases and maintains the funds for both
civil departments and the armed forces. [8]
• 26ternal Finance 1olicy (2F1) "in * -asic functions include the compilation of the 1a0istan
overnment's principal policy for macroeconomic overnance and poverty reduction. The 2F1
win also deals with multilateral and bilateral institutions li0e the "orld -an0 ! Department for
9nternational Development (DF9D)! /iti:ens Dama e /ompensation 1ro ramme
7/18/2019 Organisational Divisions
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(/D/1)! 33,/ Development Fund ( DF)! 2/; Trade and Development -an0 ! 4nited <ations
Development 1ro ramme (4<D1)! tren thenin 1overty ,eduction trate y Monitorin
1ro=ect ( 1, M1)! 1a0istan ;ne 4< 1ro ramme and the >oint Ministerial /ommissions
(>M/s?>2/s). [@]
• 2conomic ,eforms 4nit (2,4)* -asic functions include the formulation of development
strate ies for the private sector and reviewin law! rules and re ulations! pertainin to business
environment that are obsolete! overlappin and inconsistent or unduly add to the cost of doin
business . [A]
• Military "in * -asic functions include procurement of all defence e#uipment for the Ministry
of Defence (MoD) and the Ministry of Defence 1roduction (MoD1). The win also prepares!
e6ecutes and monitors the bud et and e6penditure of the armed forces! MoD! MoD1! interB
services or anisations and defence production establishments. [ &]
• Development "in
• 9nternal Finance "in
• 9nvestment "in
• 1rovincial Finance "in
• ,e ulations "in
The FD also dele ates its functions to specialised subBdepartments within the division! which include
the followin *
• ;ffice of the 3uditor Ceneral (3C)
• ;ffice of the /ontroller Ceneral of 3ccounts (/C3)
• /entral Directorate of <ational avin s (/D< )
• Debt 1olicy /oordination ;ffice (D1/;)
• 1a0istan Mint
• Federal Treasury ;ffices