Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

Pakistan gives in to IMF pressure with audit of Covid expenses showing huge irregularities

IANS
Updated: November 27th, 2021, 12:53 IST
in National
0
IMF
Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

New Delhi: After holding on for nearly six months, Pakistan gave in to the International Monetary Fund’s pressure by releasing the audit report of expenditures incurred on Covid-19, disclosing over Rs 40 billion irregularities in operations, Express Tribune reported.

The findings of the Auditor General of Pakistan (AGP) – the constitutional body – showed misprocurement, payments to ineligible beneficiaries, cash withdrawal through fake biometrics and procurements of substandard goods by Utility Stores Corporation (USC) for consumption.

Also Read

Lee Jae Myung

South Korean President accorded ceremonial welcome at Rashtrapati Bhavan

39 minutes ago
Kiren Rijiju

‘Congress must face consequences for opposing Women’s Reservation Bill’: Kiren Rijiju

1 hour ago

The release of the report by the Ministry of Finance is one of the five prior actions that the IMF has asked Pakistan to implement if it wants to get the $1 billion loan tranche by January next year, the report said.

The auditors attempted to scrutinise Rs 354.3 billion expenses but did not get all the records, the report showed. From the record of expenses and procurements available, the auditors have unearthed Rs 40 billion irregularities.

The auditors also caught serious issues like payment to ineligible beneficiaries like government servants, pensioners and their spouses, taxpayers and to those having poverty scores above the cut off scores approved by the federal cabinet, Express Tribune reported.

The maximum irregularities of over Rs 25 billion were found against Rs 133 billion spent under the banner of the Benazir Income Support Programme, which was equal to 19 per cent of its spending. The USC spent Rs 10 billion but the auditors raised questions on Rs 5.2 billion or 52 per cent of its spending.

The National Disaster Management Authority’s spending was Rs 22.8 billion and the auditors raised a red flag on Rs 4.8 billion or around 21 per cent of the spending.

The defence ministry also had doubtful and irregular spending to the tune of Rs 3.2 billion while other government departments had dubious expenses to the tune of Rs 1.5 billion, showed the report.

This report is based on the audit of the accounts of government agencies and departments involved in relief activities at the federal level for the year ending June 30, 2020, to the extent of expenditure related to Covid-19.

IANS

Tags: CovidIMFInternational Monetary FundPakistanUSC
ShareTweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

#MyPaperBagChallenge

Sarmistha Nayak

December 12, 2019
#MyPaperBagChallenge

Praptimayee Biswal

December 12, 2019
#MyPaperBagChallenge

Sipra Mishra

December 12, 2019
#MyPaperBagChallenge

Archana Parida

December 12, 2019
#MyPaperBagChallenge

Nishikant Rout

December 12, 2019
#MyPaperBagChallenge

Akshaya Kumar Dash

December 12, 2019
#MyPaperBagChallenge

Keshab Chandra Rout

December 12, 2019
#MyPaperBagChallenge

Pragyan Priyambada

December 12, 2019
#MyPaperBagChallenge

Bijswajit Pradhan

December 12, 2019
#MyPaperBagChallenge

Arya Ayushman

December 12, 2019
#MyPaperBagChallenge

Jyotshna Mayee Pattnaik

December 12, 2019
#MyPaperBagChallenge

Jhili Jena

December 12, 2019
#MyPaperBagChallenge

Aman Kumar Barisal

December 12, 2019
#MyPaperBagChallenge

Subhajyoti Mohanty

December 12, 2019
#MyPaperBagChallenge

Subhajyoti Mohanty

December 12, 2019
#MyPaperBagChallenge

Geetanjali Patro

December 12, 2019
#MyPaperBagChallenge

Priyasha Pradhan

December 12, 2019
#MyPaperBagChallenge

Tabish Maaz

December 12, 2019
#MyPaperBagChallenge

Sisirkumar Maharana

December 12, 2019
#MyPaperBagChallenge

Saishree Satyarupa

December 12, 2019
#MyPaperBagChallenge

Mandakini Dakua

December 12, 2019
#MyPaperBagChallenge

Amritansh Mishra

December 12, 2019
#MyPaperBagChallenge

Aishwarya Ranjan Mohanty

December 12, 2019
#MyPaperBagChallenge

Adyasha Priyadarsani Sendha

December 12, 2019
#MyPaperBagChallenge

Anup Mahapatra

December 12, 2019
#MyPaperBagChallenge

Parbati Mohanty

December 12, 2019
#MyPaperBagChallenge

Matrumangal Jena

December 12, 2019
#MyPaperBagChallenge

Mrutyunjaya Behera

December 12, 2019
#MyPaperBagChallenge

Debasis Mohanty

December 12, 2019
#MyPaperBagChallenge

Surya Sidhant Rath

December 12, 2019

Archives

Editorial

Guise in Nomenclature

Delimitation Bill 2026
April 20, 2026

The defeat of the Bill linked to women’s reservation in the Lok Sabha on 17 April is not merely a...

Read moreDetails

Following, Not Leading

Aakar Patel
April 19, 2026

By Aakar Patel What explains our inability or, if we are to be charitable, our reticence, to influence the world...

Read moreDetails

Command Confusion

Dilip Cherian
April 18, 2026

By Dilip Cherian If you thought turf wars in Delhi were messy, Tamil Nadu has just offered a tighter, sharper...

Read moreDetails

Hormuz Hitch

Strait of Hormuz
April 15, 2026

It is not difficult to understand US President Donald Trump’s latest strategy of the US Navy blockade of the Strait...

Read moreDetails
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Editorial
  • Opinion
  • Sports
  • About Us
  • Advertise
  • Contact Us
  • Jobs
Developed By Ratna Technology

© 2025 All rights Reserved by OrissaPOST

  • News in Odia
  • Orissa POST Epaper
  • Video
  • Home
  • Trending
  • Metro
  • State
  • Odisha Special
  • National
  • International
  • Sports
  • Business
  • Editorial
  • Entertainment
  • Horoscope
  • Careers
  • Feature
  • Today’s Pic
  • Opinion
  • Sci-Tech
  • About Us
  • Contact Us
  • Jobs

© 2025 All rights Reserved by OrissaPOST

    • News in Odia
    • Orissa POST Epaper
    • Video
    • Home
    • Trending
    • Metro
    • State
    • Odisha Special
    • National
    • International
    • Sports
    • Business
    • Editorial
    • Entertainment
    • Horoscope
    • Careers
    • Feature
    • Today’s Pic
    • Opinion
    • Sci-Tech
    • About Us
    • Contact Us
    • Jobs

    © 2025 All rights Reserved by OrissaPOST