AGP Audit Reports Expose Billions in Financial Irregularities

Islamabad, August 22, 2025 — The Auditor General of Pakistan (AGP) has released audit reports for the fiscal year 2024-25, revealing massive financial mismanagement and irregularities across federal government departments.

Key Findings

• Tax Shortfalls:
  A tax gap of Rs. 789.92 billion was reported, including shortfalls in income tax (Rs. 480.19 bn) and sales tax (Rs. 212.12 bn), pointing to weak compliance and enforcement.
• Power Sector Irregularities:
  Financial and operational issues worth Rs. 4.8 trillion were identified, linked to procurement lapses, defective work, and outstanding receivables.
• Unauthorized Expenditures:
  Supplementary grants worth Rs. 513.87 billion were issued without parliamentary approval, raising concerns about fiscal discipline.
• Accounting Discrepancies:
  A Rs. 57 billion mismatch was found between figures from the FBR, State Bank, and AGPR, exposing gaps in fiscal reporting.
• Use of Public Funds:
  Only 13% of funds in FY 2023-24 were spent on socio-economic functions, while 87% went to debt servicing.
• Ministry-Level Mismanagement:
  Irregularities were flagged in several ministries. The NDMA faced audit objections of Rs. 28.62 billion, with noted public dissatisfaction over its performance.

The reports, mandated by the Constitution, will be reviewed by Public Accounts Committees for corrective measures. The findings stress the urgent need for reforms in tax administration, fiscal discipline, and financial accountability.

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