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

Every Pakistani misadventure will invite decisive response: Indian military

1 hour ago
Omar Abdullah

Jammu and Kashmir CM Omar Abdullah welcomes ceasefire between India, Pakistan

2 hours 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

Archana Parida

December 12, 2019
#MyPaperBagChallenge

Nishikant Rout

December 12, 2019
#MyPaperBagChallenge

Debasis Mohanty

December 12, 2019
#MyPaperBagChallenge

Manas Samanta

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

D Rama Rao

December 12, 2019
#MyPaperBagChallenge

Mandakini Dakua

December 12, 2019
#MyPaperBagChallenge

Priyasha Pradhan

December 12, 2019
#MyPaperBagChallenge

Pratyasharani Ghibela

December 12, 2019
#MyPaperBagChallenge

Adrita Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Spinoj Pattnaik

December 12, 2019
#MyPaperBagChallenge

Aman Kumar Barisal

December 12, 2019
#MyPaperBagChallenge

Arya Ayushman

December 12, 2019
#MyPaperBagChallenge

Adyasha Priyadarsani Sendha

December 12, 2019
#MyPaperBagChallenge

Sarmistha Nayak

December 12, 2019
#MyPaperBagChallenge

Anshuman Sahoo

December 12, 2019
#MyPaperBagChallenge

Kamana Singh

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar

December 12, 2019
#MyPaperBagChallenge

Praptimayee Biswal

December 12, 2019
#MyPaperBagChallenge

Tapaswini Mallick

December 12, 2019
#MyPaperBagChallenge

Swarit Praharaj

December 12, 2019
#MyPaperBagChallenge

Ipsita

December 12, 2019
#MyPaperBagChallenge

Pitabas Tripathy

December 12, 2019
#MyPaperBagChallenge

Akshaya Kumar Dash

December 12, 2019
#MyPaperBagChallenge

Jyotshna Mayee Pattnaik

December 12, 2019
#MyPaperBagChallenge

Geetanjali Patro

December 12, 2019
#MyPaperBagChallenge

Priyabrata Mohanty

December 12, 2019
#MyPaperBagChallenge

Mrutyunjaya Behera

December 12, 2019
#MyPaperBagChallenge

Sisirkumar Maharana

December 12, 2019

Archives

Editorial

Bureaucratic Flex

May 10, 2025

On May Day, while the rest of us were honouring workers of the world, the Haryana government quietly launched a...

Read more

German Challenge

Germany flag
May 7, 2025

With the assumption of office by Christian Democratic Union (CDU) leader Friedrich Merz as Chancellor of Germany 6 May, Europe’s...

Read more

(Anti)-Trump Card 

Donald Trump
May 6, 2025

First it was Canada, and now Australia and Singapore: the anti-Trump factor appears to be benefiting parties that are perceived...

Read more

Mandal-Kamandal 2.0

Caste census
May 5, 2025

The decision taken at a meeting of the Cabinet Committee on Political Affairs (CCPA), headed by Prime Minister Narendra Modi...

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

© 2024 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

© 2024 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

    © 2024 All rights Reserved by OrissaPOST