The Auditor General of Pakistan (AGP) formally withdrew on Monday a startling claim of Rs375 trillion in financial irregularities across federal institutions, admitting that “typing errors” had inflated the numbers by several hundred trillion rupees.
The revised Consolidated Audit Report of the Federal Government for Audit Year 2024-25, uploaded to the AGP’s website, now puts the figure at Rs9.769 trillion.
Officials conceded that the earlier version mistakenly mentioned “trillion” instead of “billion” in at least two places in the executive summary.
From Rs375tr to Rs9.7tr
The original report, released in August, sparked disbelief as it cited irregularities worth Rs375 trillion — 27 times the federal budget for 2023-24 (Rs14.5 trillion) and more than three times the country’s GDP (about Rs110 trillion).
That version listed procurement flaws worth Rs284 trillion, civil works delays at Rs85.6 trillion, liabilities of Rs2.5 trillion, and revolving loans of Rs1.2 trillion. Even government insiders privately questioned whether the AGP’s data had been miscalculated or stretched across several years.
Following mounting scrutiny, the AGP’s office admitted its mistake and issued a corrected version, trimming the figure drastically to Rs9.769 trillion.
What new report says
According to the revised 4,858-page report:
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Irregularities of Rs9.769 trillion have been identified across multiple federal institutions.
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The federal audit exercise itself cost Rs3.02 billion.
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The scope covered extra-budgetary items such as revolving loans, land disputes, and accounts of corporations and companies.
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The nature of irregularities is consistent with trends in earlier audit reports.
