Prime Minister Shehbaz Sharif’s directive for third-party validation of all development projects worth over Rs 2 billion is a proactive step, underscoring his commitment to transparency and prudent use of public funds. Given our current economic challenges, such measures are essential to ensure that every rupee spent contributes meaningfully to nation’s development.
Third-party validation is not a novel concept, it has been successfully implemented in various countries to enhance transparency and prevent corruption. Third-party validation has impact when conducted by reputable and independent firms with a strong track record in relevant fields. These firms bring an impartial perspective to the validation process, ensuring that it is thorough and unbiased. In countries such as Australia, the United Kingdoms and Canada, firms are hired for these assessments, ensuring that projects deliver value and meet expected standards.
While third-party validation can increase initial cost of projects, the long-term benefits often outweigh these costs. Effective validation can prevent cost overruns, enhance accountability, and improve project quality, while also fostering public trust. In our country, the need for such measures is particularly acute. It is imperative that every government project is scrutinised to ensure its cost-effectiveness and timely completion. It is however essential that contracts for such services be awarded purely on merit, free from political connections or other forms of influence. In addition, fully digitising procurement process can reduce the risk of human error, corruption and delays, ultimately leading to more cost-effective government spending.
Fostering a culture of performance-based incentives within public sector departments could motivate officials to complete projects on time and within budget. By tying rewards to successful and efficient completion of projects, government can encourage a results-oriented approach that benefits public.
