Peshawar – The Finance Department of Khyber Pakhtunkhwa held a one-day stakeholder consultation workshop here, to kick-start the implementation of the new Fixed Asset Management Policy 2024 (Health Department and Elementary and Secondary Education Department).
The policy was recently approved by the provincial government in order to ensure effective management and utilisation of fixed assets to improve service delivery. The policy is a significant move towards ensuring transparency, efficiency, and fiscal responsibility in managing public assets.
Special Secretary Regulation Abidullah Kakakhil, Additional Secretary Finance Gul Bano, Financial Consultant Waqas Paracha and many officials of the Health, Elementary and Secondary Education and Planning and development department participated in the workshop.
The workshop brought together key stakeholders from the Health Department, Elementary & Secondary Education Department, Planning & Development Department, and Finance Department.
Muzammil Aslam, Advisor to the Chief Minister for Finance, Khyber Pakhtunkhwa, led the workshop and emphasised the critical importance of this policy in ensuring the optimal use of investments in public assets. He highlighted that while substantial amounts are spent annually on repairs, maintenance, and the creation of new fixed assets, a systematic approach is essential to ensure these investments are optimally utilised.
Participants of the workshop engaged in in-depth discussions on the implementation challenges of the policy and provided valuable insights on strategies to overcome these challenges. Muzammil Aslam reiterated the government’s commitment to allocating necessary resources and support to ensure successful implementation of the policy, which will enhance financial prudence, optimise resource allocation, and improve service delivery across Khyber Pakhtunkhwa’s health and education sectors.
At the conclusion of the workshop, Muzammil Aslam congratulated the participants and called upon all departments, and officials to embrace this change and work collaboratively towards its success.
