Friday, September 24, 2010

Report cites irregularities in defence spending

ISLAMABAD: A report formulated by the Auditor General has said that Rs2.5 billion was lost in 2009-10 due to “commonly occurring irregularities” in various departments of the armed forces and ministry of defence. The Auditor General Report 2009-10, which was submitted to parliament on Friday, said Rs801.06 million was lost due to violation of rules, Rs809.54 million due to unauthorised expenditures and Rs379.84 million due to non-recovery of dues. The irregularities were persistent in nature as they occurred almost every year. The other major causes for the wastage were blockage of funds, unjustified payments and weak management of contracts,...

Defence budget hike

A report in this newspaper yesterday suggests the defence budget has been quietly hiked by an astonishing 25 per cent, from the budgeted figure of Rs442bn to over Rs550bn. As usual, neither the government nor the military has seen fit to divulge any details, making it difficult to comment on the need for such an extraordinary increase. Surveying the landscape of Pakistan and assessing the security situation, however, provides some clues. For one, the army has been very active in the flood rescue and relief efforts, costly activities that could not have been budgeted for earlier this summer. For another, the military operations against militant...

hasham babar interview

please 1st save the photo and than maximize in photo editor or any software.thank...

abaseen yousafzai

please 1st save the photo and than maximize in your photo editor software.tha...

 
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