Exceptional overdue debts reach Rs. 755 billion
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Cumulated back payments in the nation have come to Rs. 755 billion, concluded the Office of the Reviewer Common (OAG) report for the Financial Year 2024/25 divulged on Friday. The back payments seen 2.99 per cent increment from the past year.
Till FY 2023/24, overdue debts stood at Rs. 667.08 billion. Rs. 88.09 billion was included final year.
The OAG conducted reviews worth Rs. 9.484 trillion in the final monetary year, covering government, common and neighborhood levels, sorted out educate, and other bodies and committees assigned beneath government law.
The OAG conducted the reviews of 3,050 government services and offices summing to Rs. 2.917 trillion, 1,124 common services and offices summing to Rs. 320.30 billion, and 721 nearby levels measuring to Rs. 1.109 trillion.
Similarly, the review of 54 financial a long time for 44 sorted out substances other than services and line offices, including an sum of Rs. 4.688 trillion, has been completed. In expansion to this, for 46 financial a long time of 40 substances where interview was given, the assigned inspectors have completed reviews summing to Rs 1.832 trillion. The settlement of overdue debts is dealt with by the sheets of the individual composed substances themselves.
However, the Gen Z development affected the review work. Reviews summing to Rs. 147.90 billion seem not be carried out as 179 workplaces and offices fizzled to yield their accounts and related records as they were devastated amid the development.
Of Rs. 88.09 billion back payments included in FY 2024/25, Rs. 53.48 billion is from the government government workplaces. Rs. 5.22 billion from common government workplaces and Rs. 19.04 billion from nearby governments. Government and common governments’ committees and other workplaces have created Rs. 10.32 billion back payments.
Through the settlement and clearance of past abnormalities and issues recognized this year, as it were Rs. 14.63 billion has been recouped.
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