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AGP uncovers Rs375tr ‘irregularities’ in federal finances

The Auditor General of Pakistan (AGP) has identified a record over Rs375 trillion worth of irregularities, financial mismanagement and loss of public money in the affairs of the federal government and departments and entities working under its control. The AGP expressed grave concern that only 13 per cent of public funds were directed towards the public good, raising significant questions about

Discos seek to refund Rs23bn for July

With a five per cent decrease in power consumption in July over last year, the public sector distribution companies (Discos) have sought a Rs1.69 per unit refund for consumers due to lower fuel costs, driven by better hydrological conditions. If approved, the refund could amount to approximately Rs23 billion, which would be reflected in August bills. The National Electric Power Regulatory Au

Discos seek to refund Rs23bn for July

With a five per cent decrease in power consumption in July over last year, the public sector distribution companies (Discos) have sought a Rs1.69 per unit refund for consumers due to lower fuel costs, driven by better hydrological conditions. If approved, the refund could amount to approximately Rs23 billion, which would be reflected in August bills. The National Electric Power Regulatory Au

Public not satisfied with NDMA performance: audit

Audit objections to the tune of Rs28.62 billion have been raised in the Auditor General of Pakistan’s 2023-24 report pertaining to the National Disaster Management Authority (NDMA), while the recovery amount is about Rs2.65 billion during the same period, said the classified summary of the audit objections. The audit report also indicated there was significant public dissatisfaction with the pe

Public not satisfied with NDMA performance: audit

Audit objections to the tune of Rs28.62 billion have been raised in the Auditor General of Pakistan’s 2023-24 report pertaining to the National Disaster Management Authority (NDMA), while the recovery amount is about Rs2.65 billion during the same period, said the classified summary of the audit objections. The audit report also indicated there was significant public dissatisfaction with the pe