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

Taxing digital economy requires assessing impact on investment: Sitharaman

Taxing digital economy requires assessing impact on investment: Sitharaman

7 hours ago
NIA

NIA court sentences 10 to death in 2013 Jhiram Ghati massacre case

7 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

Mrutyunjaya Behera

December 12, 2019
#MyPaperBagChallenge

Adyasha Priyadarsani Sendha

December 12, 2019
#MyPaperBagChallenge

Shreyanshu Bal

December 12, 2019
#MyPaperBagChallenge

Archit Mohapatra

December 12, 2019
#MyPaperBagChallenge

Bijswajit Pradhan

December 12, 2019
#MyPaperBagChallenge

Narendra Kumar

December 12, 2019
#MyPaperBagChallenge

Spinoj Pattnaik

December 12, 2019
#MyPaperBagChallenge

Ankita Balabantray

December 12, 2019
#MyPaperBagChallenge

Sisirkumar Maharana

December 12, 2019
#MyPaperBagChallenge

Jhili Jena

December 12, 2019
#MyPaperBagChallenge

Praptimayee Biswal

December 12, 2019
#MyPaperBagChallenge

Rajashree Manasa Mohanty

December 12, 2019
#MyPaperBagChallenge

Adrita Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Pragyan Priyambada

December 12, 2019
#MyPaperBagChallenge

Smitarani Sahoo

December 12, 2019
#MyPaperBagChallenge

Arya Ayushman

December 12, 2019
#MyPaperBagChallenge

D Rama Rao

December 12, 2019
#MyPaperBagChallenge

Anshuman Sahoo

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Sipra Mishra

December 12, 2019
#MyPaperBagChallenge

Manas Samanta

December 12, 2019
#MyPaperBagChallenge

Kamana Singh

December 12, 2019
#MyPaperBagChallenge

Ipsita

December 12, 2019
#MyPaperBagChallenge

Priyabrata Mohanty

December 12, 2019
#MyPaperBagChallenge

Matrumangal Jena

December 12, 2019
#MyPaperBagChallenge

Archana Parida

December 12, 2019
#MyPaperBagChallenge

Akshaya Kumar Dash

December 12, 2019
#MyPaperBagChallenge

Keshab Chandra Rout

December 12, 2019
#MyPaperBagChallenge

Geetanjali Patro

December 12, 2019
#MyPaperBagChallenge

Vandana Singh

December 12, 2019

Archives

Editorial

Far-Right Advance

September 16, 2026

News has come from Germany that might upset liberal and democratic forces across the world. The Far-Right Alternative for Germany...

Read moreDetails

UCC Card

September 15, 2026

Union Home Minister Amit Shah’s announcement on 13 September of the government’s resolve to enforce the Uniform Civil Code (UCC)...

Read moreDetails

AI Caution

AI or Artificial intelligence
September 14, 2026

What started with an apocalyptic warning from a former Anthropic researcher on 9 September that AI (Self improving super intelligence)...

Read moreDetails

Rights on Trial

September 13, 2026

By Aakar Patel "Attendance at the hearing is mandatory. Please treat this as urgent and make the necessary arrangements to...

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