AIRLINK 67.60 Increased By ▲ 2.40 (3.68%)
BOP 5.60 Increased By ▲ 0.03 (0.54%)
CNERGY 4.55 Decreased By ▼ -0.01 (-0.22%)
DFML 25.71 Increased By ▲ 1.19 (4.85%)
DGKC 69.30 Decreased By ▼ -0.66 (-0.94%)
FCCL 20.05 Decreased By ▼ -0.25 (-1.23%)
FFBL 29.50 Increased By ▲ 0.39 (1.34%)
FFL 9.83 No Change ▼ 0.00 (0%)
GGL 10.07 Increased By ▲ 0.06 (0.6%)
HBL 114.11 Decreased By ▼ -0.14 (-0.12%)
HUBC 130.83 Increased By ▲ 1.73 (1.34%)
HUMNL 6.71 No Change ▼ 0.00 (0%)
KEL 4.43 Decreased By ▼ -0.01 (-0.23%)
KOSM 4.84 Decreased By ▼ -0.05 (-1.02%)
MLCF 36.70 Decreased By ▼ -0.30 (-0.81%)
OGDC 132.15 Decreased By ▼ -0.15 (-0.11%)
PAEL 22.56 Increased By ▲ 0.02 (0.09%)
PIAA 25.78 Decreased By ▼ -0.11 (-0.42%)
PIBTL 6.63 Increased By ▲ 0.03 (0.45%)
PPL 113.05 Increased By ▲ 0.20 (0.18%)
PRL 29.20 Decreased By ▼ -0.21 (-0.71%)
PTC 15.13 Decreased By ▼ -0.11 (-0.72%)
SEARL 56.80 Decreased By ▼ -0.23 (-0.4%)
SNGP 65.80 Decreased By ▼ -0.65 (-0.98%)
SSGC 10.97 Decreased By ▼ -0.01 (-0.09%)
TELE 8.68 Decreased By ▼ -0.12 (-1.36%)
TPLP 11.56 Decreased By ▼ -0.14 (-1.2%)
TRG 68.54 Decreased By ▼ -0.08 (-0.12%)
UNITY 23.50 Increased By ▲ 0.10 (0.43%)
WTL 1.35 Decreased By ▼ -0.03 (-2.17%)
BR100 7,336 Increased By 41.1 (0.56%)
BR30 23,974 Increased By 119.8 (0.5%)
KSE100 70,503 Increased By 213.4 (0.3%)
KSE30 23,206 Increased By 34.7 (0.15%)

imageISLAMABAD: President Mamnoon Hussain Wednesday said that the audit of public sector spending was very essential to ensure transparency, judicious utilization of money and accountability.

The President appreciated the improvement in performance of the office of the Auditor General and noted with satisfaction that the office had made recoveries worth billions of rupees.

He also appreciated the work of Auditor General and emphasized the need for improving the audit system to deliver even better results.

The President expressed these views while talking to Auditor General of Pakistan (AGP) Rana Assad Amin who called on him, a press release said.

The President underscored that menace of corruption could be eliminated if effective action was taken on the irregularities pointed out in the audit reports.

He hoped that AGP would make audit more effective and utilize the latest audit techniques to ensure judicious utilization of public money and curb irregularities.

The Auditor General apprised the President about salient features of the annual report and said the policy of merit was being strictly observed in the organization which was delivering better results.

Copyright APP (Associated Press of Pakistan), 2016

Comments

Comments are closed.