Government Initiates Toshakhana Gift Valuation Process

Web DeskSeptember 16, 2024 06:45 PMpolitics
  • Cabinet Division seeks bids for gift valuation.
  • Toshakhana gifts include jewelry, watches, and carpets.
  • Public can purchase unsold gifts after initial offering.
Government Initiates Toshakhana Gift Valuation ProcessImage Credits: gnnhd
The Cabinet Division of Pakistan is estimating Toshakhana gift values to enhance transparency and accountability in governance.

In a significant move, the Cabinet Division of Pakistan has announced its decision to estimate the value of gifts received in the Toshakhana, a state treasury where gifts received by government officials are stored. This initiative aims to bring transparency and accountability to the handling of these gifts, which often include valuable items such as jewelry, watches, and carpets.

The Cabinet Division has officially invited bids from private estimators, with a deadline set for September 30. This means that qualified appraisers can submit their proposals to assess the worth of the various gifts stored in the Toshakhana. The government is keen on ensuring that the prices of these gifts are accurately estimated, reflecting their true market value.

According to reports, the estimation process will cover gifts of different categories, allowing for a comprehensive understanding of what is held in the Toshakhana. The successful appraisers will enter into a contract with the Cabinet Division and will be compensated for their services. To ensure that only the most qualified individuals are selected, specific criteria have been established regarding the qualifications of the appraisers.

It is important to note that the Toshakhana gifts are primarily available for purchase by political officials, members of the bureaucracy, both civilian and military, as well as judges of the Supreme Court. However, any gifts that remain unsold after the initial offering are auctioned off to the public, providing an opportunity for citizens to acquire these items.

Under government policy, every gift received must be reported and recorded in a register, promoting a culture of accountability. This step is crucial in ensuring that the public is aware of the gifts received by their leaders and how these gifts are managed.

The Cabinet Division's initiative to estimate the value of Toshakhana gifts is a positive step towards transparency in governance. By involving private estimators and establishing clear guidelines, the government is taking measures to ensure that the handling of these gifts is both fair and accountable. As citizens, it is essential to stay informed about such developments, as they reflect the integrity of our public officials and the systems in place to manage state resources.

Related Post