THE KHYBER PAKHTUNKHWA DELEGATION OF FINANCIAL POWERS RULES, 2018 — The Delegation of Financial Powers Rules serves as the cornerstone to govern public expenditure management. These rules are deemed instrumental in fostering fiscal discipline, prudent financial management and good governance. More powers surely warrant more responsibility and accountability of those who are delegated with these powers. The role of the Principal Accounting Officers is of paramount significance towards this end. These shall come into force at once and shall apply throughout the Government of Khyber Pakhtunkhwa. Expressions used but not defined in these rules shall have the same meaning as assigned to them in the General Financial Rules. Administrative Department for the purpose of exercising powers under these rules, unless otherwise specified, shall mean the officers mentioned at serial #.1 of Part-I of the First Schedule to these rules. The nature and extent of powers delegated to officers of different categories in the First Schedule shall be as specified in the Second and Third Schedules to these rules.