• About
  • Advertise
  • Privacy & Policy
  • Contact
  • Home
  • World
  • Diplomatic
  • Sports
    • Cricket
  • National
  • Business
  • Crime & Justice
  • Entertainment
  • Lifestyle
  • Environment
    • CPEC
No Result
View All Result
  • Home
  • World
  • Diplomatic
  • Sports
    • Cricket
  • National
  • Business
  • Crime & Justice
  • Entertainment
  • Lifestyle
  • Environment
    • CPEC
No Result
View All Result
No Result
View All Result
Home Business

CDA signs MoU with Controller General of Accounts to launch digital financial management system

by Sub News
April 23, 2025
CDA signs MoU with Controller General of Accounts to launch digital financial management system
Share on WhatAppShare on XShare on Facebook

Islamabad, April 23, 2025: The Capital Development Authority (CDA) has taken a major step toward digital transformation by signing a Memorandum of Understanding (MoU) with the Controller General of Accounts (CGA) to implement an advanced digital financial management system.

The MoU was signed during a high-level meeting held at CDA Headquarters, chaired by Chairman CDA Muhammad Ali Randhawa. The meeting was attended by CDA board members, the Controller General of Pakistan, and other senior officials.

The agreement aims to enhance transparency, stability, and efficiency in CDA’s financial operations through the adoption of SAP, a globally recognized Enterprise Resource Planning (ERP) platform. Under the MoU, SAP will be used to streamline key functions including budgeting, accounting, payroll, procurement, inventory management, and fixed asset tracking.

The system will enable real-time data processing, centralized reporting, and strengthened internal controls — forming the backbone of a fully digital, cashless financial framework for the authority.

CDA’s Finance Wing has already initiated a phased implementation strategy for SAP, beginning with system design, followed by data management, staff training, and a full-scale operational rollout. Officials stated that this transition will not only enhance financial oversight but also enable timely audits to detect and address irregularities effectively.

One of the system’s core features will be a digital financial dashboard that allows for real-time performance monitoring of financial activities and staff efficiency.

Chairman Randhawa emphasized that the partnership with CGA is a key component of CDA’s broader digital vision. “This MoU marks a major milestone in our efforts to modernize and stabilize CDA’s financial infrastructure through technology,” he said. “It will significantly boost operational efficiency and improve public service delivery.”

He added that work is underway to make Islamabad Pakistan’s first fully digital city. Plans include introducing a QR code system to facilitate cashless transactions across CDA services, allowing residents to access facilities from their homes and reducing administrative delays.

In addition, the authority is considering the phased rollout of free Wi-Fi and high-speed internet throughout the city. Randhawa highlighted that CDA’s One-Window System has already been digitized, with all payments now processed online.

“We are committed to transforming CDA into a fully digital institution aligned with international standards,” said Randhawa. “These initiatives will not only serve the citizens of Islamabad but also set a national precedent for digital governance.”

Tags: Capital Development AuthorityCDACDA boardCDA Finance WingCGAChairman CDAController General of AccountsEnterprise Resource PlanningERPFree Wi-FiIslamabadMemorandum of UnderstandingMoUMuhammad Ali RandhawaOne Window SystePakistan
Previous Post

Finance Minister cautions against complacency amid signs of economic recovery

Next Post

Two Pakistani astronauts to receive spaceflight training in China

Related Posts

ECP orders Islamabad local government election schedule under 2015 law
Islamabad

ECP orders Islamabad local government election schedule under 2015 law

Islamabad, October 21,2026: The Election Commission of Pakistan (ECP) on Wednesday directed its office to immediately prepare and issue the...

by Sub News
October 21, 2026
Pakistan, Russia urged to strengthen trade and investment ties through private-sector engagement
Business

Pakistan, Russia urged to strengthen trade and investment ties through private-sector engagement

Islamabad, October 21,2026: Pakistan and Russia should move beyond untapped trade opportunities and establish result-oriented business partnerships to expand bilateral...

by Sub News
October 21, 2026
Romanian Ambassador meets FPCCI President, discusses trade and investment opportunities
Business

Romanian Ambassador meets FPCCI President, discusses trade and investment opportunities

Islamabad, October 21,2026: Ambassador of Romania to Pakistan, Dr Dan Stoenescu, met with a delegation from the Federation of Pakistan...

by Sub News
October 21, 2026
Norwegian Envoy meets CDA Chairman to discuss cooperation in urban development
Diplomatic

Norwegian Envoy meets CDA Chairman to discuss cooperation in urban development

Islamabad, October 21,2026: The Norwegian Ambassador to Pakistan met with Capital Development Authority (CDA) Chairman Sohail Ashraf to discuss avenues...

by Sub News
October 21, 2026
Next Post
Two Pakistani astronauts to receive spaceflight training in China

Two Pakistani astronauts to receive spaceflight training in China

Breaking News

  • Arafat Minhas makes major gains in ICC ODI bowling, all-rounder rankings
  • Pakistan climb to fourth in ICC ODI rankings after wins over Sri Lanka, England
  • ECP orders Islamabad local government election schedule under 2015 law
  • Gandapur challenges Salman Akram Raja to name PTI lawmakers accused of disloyalty
  • Pakistan, Turkiye, Qatar and Indonesia sign defence cooperation pact
Sub News

© 2026 subnewsenglish.com

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Follow Us

No Result
View All Result
  • Home
  • World
  • Diplomatic
  • Sports
    • Cricket
  • National
  • Business
  • Crime & Justice
  • Entertainment
  • Lifestyle
  • Environment
    • CPEC

© 2026 subnewsenglish.com

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.