ADVERTISEMENT
Saturday, May 23, 2026
No Result
View All Result
The AZB More Than Just News
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION
No Result
View All Result
Daily The Azb
No Result
View All Result
Home Business

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

News Desk by News Desk
February 13, 2026
CGA & PSQCA Sign Landmark MoU to Digitize Financial Systems, Ensuring  Transparency & Efficiency
Share on FacebookShare on Twitter

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.
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.

Advertisements
News Desk

News Desk

Welcome to our web desk! We're a dedicated team of digital enthusiasts passionate about delivering timely and engaging content to our online audience.

Related Posts

Pakistan Govt Cuts Petrol, Diesel Prices Again in Major Relief for Public
Headline

Pakistan Govt Cuts Petrol, Diesel Prices Again in Major Relief for Public

May 22, 2026
Pakistan Air Chief Holds High-Level Defence and Technology Talks in Türkiye
Headline

Pakistan Air Chief Holds High-Level Defence and Technology Talks in Türkiye

May 22, 2026
ISPR Confirms Field Marshal Asim Munir Arrives in Tehran on High-Level Diplomatic Mission
Headline

ISPR Confirms Field Marshal Asim Munir Arrives in Tehran on High-Level Diplomatic Mission

May 22, 2026
The purpose of holding the rally and ceremony is to pay tribute to these national spirits. Abdul Rahman
Business

The purpose of holding the rally and ceremony is to pay tribute to these national spirits. Abdul Rahman

May 22, 2026
BYD Pakistan comes to Sialkot to showcase its NEV range
Business

BYD Pakistan comes to Sialkot to showcase its NEV range

May 22, 2026
“Amid Rising Costs, Yango Pakistan Focuses on Fair Earnings for Drivers”
Business

“Amid Rising Costs, Yango Pakistan Focuses on Fair Earnings for Drivers”

May 22, 2026
Bilawal Bhutto Inaugurates Karachi’s 39-KM Signal-Free Shahrah-e-Bhutto
Headline

Bilawal Bhutto Inaugurates Karachi’s 39-KM Signal-Free Shahrah-e-Bhutto

May 22, 2026
Dr. Asim Hussain Hosts Farewell Ceremony in Honor of DSP Salman Waheed
Karachi

Dr. Asim Hussain Hosts Farewell Ceremony in Honor of DSP Salman Waheed

May 22, 2026
Thailand’s Consul-General Inaugurates ‘Sukhumvit’ Thai Restaurant in Karachi
Business

Thailand’s Consul-General Inaugurates ‘Sukhumvit’ Thai Restaurant in Karachi

May 22, 2026
Pakistan Army Chief Field Marshal Asim Munir Departs for Iran on Key Diplomatic Visit
Headline

Pakistan Army Chief Field Marshal Asim Munir Departs for Iran on Key Diplomatic Visit

May 22, 2026
Next Post
Guinness World Record for Oldest Pet Cockatiel Parrot.

Guinness World Record for Oldest Pet Cockatiel Parrot.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Are you human? Please solve:Captcha


Most Popular

No Content Available

Must Read

Pakistani economist sees big trade boost with Iran
WORLD

Pakistani economist sees big trade boost with Iran

September 24, 2018
Ufone and HBL sign CNY/RMB Trade Finance Facility Agreement
Headline

Ufone and HBL sign CNY/RMB Trade Finance Facility Agreement

October 11, 2019
The Azb is a 24/7 online news platform that covers a wide range of topics including business, economics, technology, finance, travel, fashion, and lifestyle.

Quick Links

  • Home
  • About us
  • SCI-TECH
  • Live TV
  • Banking

Useful Links

  • Videos
  • Reviews
  • Advertorial
  • Photos
  • About us
  • Author
  • Home
  • Latest News
  • Partner
  • Privacy Policy
  • Russian Theatre Group Celebrates Fifth Anniversary in Pakistan.
  • Terms and Conditions
  • The Azb – More Than Just News
  • Contact

© Copyright 2024 theazb. All Rights Reserved.

No Result
View All Result
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION

© Copyright 2024 theazb. All Rights Reserved.