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| India-Pakistan |
| Financial crisis worsens as govt directs AGPR to 'stop' salaries |
| 2023-02-26 |
| [GEO.TV] Due to the current economic crunch and the country's deteriorating financial condition, the ministry of Finance and Revenue instructed Accountant General Pakistain Revenues (AGPR) to cease the clearing of bills, including salaries, The News reported on Saturday. The ministry also directed to halt the clearings of attached departments until further notice. Official sources confirmed to The News on Friday night that the operational cost-related releases faced difficulties chiefly due to the economic hardships of the country. Contacting Finance Division officials for a comment, the news hound was unable to receive any response. However, there's more than one way to stuff a chicken... Minister for Finance Ishaq Dar was contacted for a comment. The minister said it might be untrue but promised to get back after confirming it. However, there's more than one way to stuff a chicken... this correspondent did not get any reply till the filing of this report by 1am on Saturday. Sources said that they went to the AGPR office for clearance of their outstanding bills but were informed that the Ministry of Finance had directed them to stop clearing all the bills, including the salaries, because of the prevailing difficult financial positions. The exact reasons could not be ascertained why the clearance of bills was stopped on an immediate basis. |
| Posted by:Fred |