The General Financial Rules document outlines the background, scope, and contents of Pakistan's financial management regulations. It was first published under British rule and revised in 1951 after Pakistan's independence to incorporate all government orders. The latest revision was completed in the late 1990s. The GFR applies to all government offices and covers topics like receipts, expenditures, budgeting, accounting, stores management. It defines key financial terms and sets the general system of management and control, including standards for receiving and spending public funds.

1. General Financial Rules

2. Background of the GFR
First published during the British rule
Then revised in 1951 incorporating all
orders issued by the Government of
Pakistan

3. Background of the GFR (contd)
The latest revision and compilation was
done during the RIBEC project in late 90s
Not statutory rules, but were executive
orders of the provincial and central govt.

4. Scope and Contents of GFR
Applicable in all government offices
in the matter of overall financial
management and control
The contents include:
◦ management of the receipts and revenue
◦ expenditure and payment of govt money
◦ budgeting and accounting
◦ management of stores and assets
◦ and so on...

5. Chapter 1: Definitions
Accounts officer
Controlling officer
Non-recurring expenditure
Re-appropriation
Financial year
Drawing officer
Heads of Departments
And so on...

6. Chapter-2:
GENERAL SYSTEM OF FINANCIAL
MANAGEMENT AND CONTROL

7. I -RECEIPT OF MONEY
Accounting without any delay
moneys cannot be removed from the
public accounts without the consent of
the Finance Division

8. STANDARDS OF FINANCIAL
PROPRIETY