Governor of the State Bank of Pakistan, Jameel Ahmed, has stated that virtual discussions with the International Monetary Fund (IMF) are ongoing, and a staff-level agreement is expected to be finalized soon. Speaking with the media on Wednesday after the Public Accounts Committee (PAC) meeting at the Parliament House, he …
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The Public Accounts Committee (PAC) has expressed dissatisfaction with the system of foreign loan repayments and interest payments. During a recent meeting, PAC Chairman Junaid Akbar voiced his frustration over the absence of the Finance Secretary, directing him to attend the next session following negotiations with the IMF delegation. The …
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The Public Accounts Committee (PAC) has uncovered a non-transparent auction of 29 commercial plots valued at Rs 37 billion by the Capital Development Authority (CDA). During the review of audit paras for the Ministry of Interior’s subordinate institutions for the fiscal year 2023-24, members expressed their displeasure over the absence …
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The Audit officials on Tuesday disclosed in the Public Accounts Committee (PAC) that 152 employees were found involved in overbilling within the Multan Electric Power Company (MEPCO). However, despite their involvement, they were only issued warnings and not penalized. During the PAC meeting, chaired by Junaid Akbar, it was further …
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