AIRLINK 173.68 Decreased By ▼ -2.21 (-1.26%)
BOP 10.82 Decreased By ▼ -0.16 (-1.46%)
CNERGY 8.26 Increased By ▲ 0.26 (3.25%)
FCCL 46.41 Increased By ▲ 0.29 (0.63%)
FFL 16.14 Increased By ▲ 0.07 (0.44%)
FLYNG 27.80 Increased By ▲ 0.38 (1.39%)
HUBC 146.32 Increased By ▲ 2.36 (1.64%)
HUMNL 13.40 Increased By ▲ 0.05 (0.37%)
KEL 4.39 Decreased By ▼ -0.11 (-2.44%)
KOSM 5.93 Decreased By ▼ -0.05 (-0.84%)
MLCF 59.66 Increased By ▲ 0.16 (0.27%)
OGDC 232.73 Decreased By ▼ -0.02 (-0.01%)
PACE 5.80 Decreased By ▼ -0.08 (-1.36%)
PAEL 47.98 Increased By ▲ 0.50 (1.05%)
PIAHCLA 17.75 Decreased By ▼ -0.22 (-1.22%)
PIBTL 10.40 Decreased By ▼ -0.18 (-1.7%)
POWER 11.32 Decreased By ▼ -0.06 (-0.53%)
PPL 191.48 Decreased By ▼ -1.82 (-0.94%)
PRL 36.83 Decreased By ▼ -0.17 (-0.46%)
PTC 23.20 Decreased By ▼ -0.57 (-2.4%)
SEARL 98.76 Decreased By ▼ -1.11 (-1.11%)
SILK 1.15 No Change ▼ 0.00 (0%)
SSGC 36.62 Decreased By ▼ -0.57 (-1.53%)
SYM 14.70 Decreased By ▼ -0.25 (-1.67%)
TELE 7.73 Decreased By ▼ -0.02 (-0.26%)
TPLP 10.75 Decreased By ▼ -0.12 (-1.1%)
TRG 66.01 Increased By ▲ 0.87 (1.34%)
WAVESAPP 10.82 Decreased By ▼ -0.09 (-0.82%)
WTL 1.32 Decreased By ▼ -0.02 (-1.49%)
YOUW 3.79 Decreased By ▼ -0.02 (-0.52%)
BR100 12,644 Increased By 35.1 (0.28%)
BR30 39,387 Increased By 124.3 (0.32%)
KSE100 117,807 Increased By 34.4 (0.03%)
KSE30 36,347 Increased By 50.4 (0.14%)

PESHAWAR: The Public Accounts Committee (PAC) of KP Assembly has directed the high ups concerned with audit and accounts to focus on performance audit with sole aim to ensure good governance and eradicate corruption from the public sector organizations, said an official news release issued here on Sunday.

However, the committee has expressed satisfaction on recovery ratios of the Food Department and especially lauded its steps for increasing supply of wheat in nook and corner of the province as well as normalising its rate during the upcoming holy month of Ramazan.

The observation was made during meeting of the PAC on disposing audit paras on fiscal anomalies in Food Department.

The meeting of the PAC sub-committee on Food Department was chaired by MPA Mohammad Idrees at KP Assembly Secretariat Peshawar. Besides, MPA Inayatullah high ups of the food, law, finance and audit and accounts departments also attended the meeting.

The committee expressed satisfaction on process of recoveries. However, it referred cases of certain fiscal irregularities to the concerned sub committees for verification. The committee further asked the Audit and Accounts officials to avoid creating audit paras based on merely raising objections on petty matters that did not tantamount to yielding financial benefits to the public exchequer rather resulting in waste of precious time and energy of the government departments.

The audit authorities are in fact custodians of the public money and they must endeavour with ultimate goal of stopping fiscal wastage and providing maximum relief to the poor masses. The committee asked departments for expediting the process of recoveries in respect of damages caused to public funds during the under Pera periods including loss due to delay of recoveries from defaulters.

Copyright Business Recorder, 2021

Comments

Comments are closed.