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Rs75 Billion Development Fund Audit Reveals Record Shortcomings
Photo: geo.tv
2026-07-14 10:05   Current affairs   13

Rs75 Billion Development Fund Audit Reveals Record Shortcomings

An audit report has raised serious concerns about the transparency and accountability of a Rs75 billion development fund allocated under the Sustainable Development Goals Achievement Program (SAP).

The Auditor General's investigation found that complete records of fund utilization were missing, making it impossible to verify spending outcomes.

Key issues include the absence of project-wise and area-wise records, lack of monthly progress reports from executing agencies, and failure to provide completion certificates.These gaps have undermined the ability to assess whether funds were used effectively for balanced regional development.The Cabinet Division was criticized for not responding to audit queries until after the report's finalization.Recommendations include establishing a centralized monitoring system for SAP funds to ensure better oversight and accountability in future projects.

Full reading at geo.tv

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