Finance Division rebuts Audit Report.

Islamabad -- The Ministry of Finance on Monday refuted news reports appearing in a section of the press claiming that the first audit report of the present government reveals irregularities and corruption amounting to Rs. 270 billion by 40 government departments and ministries during FY 2018-19.

Describing these reports categorically as baseless misinformed and erroneous the Ministry of Finance in an official statement has said that the Audit Report for FY 2019-20 like all audit reports consists of preliminary observations: it identifies some gaps in completing formalities while processing different cases by government entities and indicates various shortcomings in the provision of documents to the audit teams in certain other instances. But to conclude that each procedural deficiency is tantamount to corruption is incorrect and misleading.

The Ministry of...

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