The provincial government of Khyber Pakhtunkhwa has approved some strict measures to observe fiscal discipline and streamline the management of public accounts by June 30, 2017 positively. According to details, the measures included, the funds placed at the disposal of Departments/Officers will be expended uniformly during the current financial year and all valid/accrued liabilities will be promptly cleared and will be postponed towards the end of current financial year.
All the concerned authorities shall ensure the issuance of sanctions, completion of formalities and procurement of stores well in time, so that claims can be presented for pre Audit to the Accountant General /respective District/Agencies Accounts Offices timely.
All bills against the releases for financial year 2016-17 must be presented to the Accountant General, Khyber Pakhtunkhwa/District/Agency Accounts Officers on or before 23-06-2017. The Accountant General, Khyber Pakhtunkhwa/ District/Agency Accounts officers shall issue all cheques/pay orders by 27-06-2017 and the last schedule for the month of June would be sent to SBP before presenting of the cheque for payment. Cheques of lapsable PLAs /SDAs/Assignment Accounts, Reserve Fund, Forest and Works Accounts must be issued well in time and got to be cleared from the Treasury Officer, Peshawar/DAO concerned.
All cheques drawn against PLAs/SDAs/Assignment Accounts, Forest Works Accounts shall be encashed up to 30-06-2017. All cheques already issued or to be issued, which pertain to the financial year 2016-17, shall be valid up to 30th June 2017 except salary cheques issued to the DDOs if any for the month of June 2017 which is payable on or after 1st day of July 2017.
Any defect in cheque such as overwriting/deletion, payees address, difference of amount in figures and words and lack of signature of authorised person shall be avoided as a result of which the cheques would be rendered un-passed. The authorities issuing cheques/pay orders may affix the stamp "not payable after 30-06-2017" on all the cheques/pay orders except salary cheques issued to the DDOs if any.
The State Bank of Pakistan/National Banks of Pakistan will make necessary arrangement for receipts & payments on 30-06-2017 till late in the night to honour all the cheques, so issued. The Banks shall not make any transaction from Government's accounts after 30-06-2017 for cheques issued on or before 27-06-2017 except salary cheques issued to DDOs if any.
The management of National Bank of Pakistan shall issue instructions to all concerned for clearance of their claims under Assignment Accounts up to 30-06-2017. Regional Chiefs of all the Commercial Banks shall issue necessary instructions to their Branch Officers to present Government Cheques deposited by their account holders to respective State/National Banks for encashment up to 30-06-2017.
Moreover, the period of validity of cheques up to 30-06-2017 cannot be extended during next financial year 2017-18. It was stated in a circular addressed to all heads of concerned departments, provincial and regional bodies, issued here by the Finance Department Government of Khyber Pakhtunkhwa.
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