BR100 Decreased By (-0.07%)
BR30 Decreased By (-0.03%)
KSE100 Increased By (0.05%)
KSE30 Increased By (0.06%)
AGHA 6.65 Decreased By ▼ -0.02 (-0.3%)
BECO 4.36 Increased By ▲ 0.01 (0.23%)
BML 56.31 Increased By ▲ 0.14 (0.25%)
BOP 30.10 Decreased By ▼ -0.02 (-0.07%)
CNERGY 12.90 Decreased By ▼ -0.08 (-0.62%)
CSIL 5.30 Decreased By ▼ -0.01 (-0.19%)
FCCL 51.70 Increased By ▲ 0.05 (0.1%)
FFL 14.49 No Change ▼ 0.00 (0%)
FNEL 1.22 Increased By ▲ 0.01 (0.83%)
KEL 6.03 Decreased By ▼ -0.03 (-0.5%)
KOSM 5.86 Increased By ▲ 0.02 (0.34%)
LOTCHEM 26.52 Increased By ▲ 0.35 (1.34%)
MLCF 91.25 Increased By ▲ 0.02 (0.02%)
NBP 164.00 Decreased By ▼ -0.19 (-0.12%)
NCPL 53.09 Decreased By ▼ -0.09 (-0.17%)
NPL 58.48 Decreased By ▼ -0.64 (-1.08%)
OGDC 314.00 Increased By ▲ 0.61 (0.19%)
PACE 9.77 No Change ▼ 0.00 (0%)
PAEL 35.16 Decreased By ▼ -0.08 (-0.23%)
PIBTL 14.69 Decreased By ▼ -0.02 (-0.14%)
PPL 220.27 Decreased By ▼ -1.09 (-0.49%)
PRL 91.55 Increased By ▲ 0.33 (0.36%)
PTC 59.49 Increased By ▲ 0.30 (0.51%)
SSGC 23.34 Increased By ▲ 0.04 (0.17%)
TBL 8.73 Decreased By ▼ -0.02 (-0.23%)
TELE 7.61 No Change ▼ 0.00 (0%)
TPL 22.00 Decreased By ▼ -0.03 (-0.14%)
TPLP 12.60 Increased By ▲ 0.04 (0.32%)
TREET 21.80 Increased By ▲ 0.07 (0.32%)
TRG 55.85 Increased By ▲ 0.06 (0.11%)

KARACHI: In continuity of the financial and administrative reforms, Karachi Metropolitan Corporation is going to fully digitalise its pension and development payment systems and channelise all payments through secure electronic platforms to ensure transparency, efficiency and accountability.

The decision was taken in a meeting between Mayor Karachi Barrister Murtaza Wahab and a delegation of the Financial Accounting and Budgeting System, a Directorate under the Controller General of Accounts, Pakistan.

The delegation briefed the Mayor on comprehensive reform initiatives aimed at modernising municipal payment services and strengthening financial governance within KMC.

The FABS delegation outlined measures to enhance transparency, reduce manual interventions and improve the overall efficiency of financial operations. It was emphasized that digital payment mechanisms, strengthening internal controls and integrating modern financial management tools be adopted to bring KMC in line with contemporary public sector standards.

Mayor Karachi Barrister Murtaza Wahab directed that a complete digital payment system be implemented in KMC, including pension disbursements and development payments.

He also instructed that the system be linked with NADRA to ensure rapid verification, enhanced transparency and improved service delivery.

The Mayor noted that following the successful implementation of the SAP system for salary payments, KMC is now prepared to expand digitalisation to all remaining financial transactions.

“I want to every payment in KMC fully digitalised,” the Mayor asserted, adding that fines, challans, rents and all other municipal fees should also be routed through electronic payment channels.

He stressed that Payment Slip IDs (PSIDs) should be generated to facilitate easy payments for citizens while ensuring a fully traceable and transparent system.

The delegation also briefed the Mayor on potential initiatives to introduce projects under Public-Private Partnership models, as well as opportunities for investment in waste-to-energy projects to generate additional financial resources and promote sustainable urban development.

Copyright Business Recorder, 2026

Comments

Comments are closed for this article.