Download REVISED PROCEDURE FOR OPERATION OF ASSIGNMENT ACCOUNTS OF FEDERAL GOVERNMENT (LOCAL CURRENCY) — The Revised Procedure of Assignment Account is applicable to Federal Government as well as the Provincial Governments with immediate effect. To ensure uniformity in fiscal operations, Special Drawing Accounts (SDAs), Personal Ledger Accounts (PLAs) and Revolving Fund Account (Local Currency) will be discontinued by Federal and Provincial Government Departments. Assignment Accounts are opened both for development and non-development budget, as per the criteria laid down by) the MoF. In case of development budget, a separate assignment account shall be opened for each project. The Assignment Account will not be used for collection and deposit of receipts.