Daily Briefs

Photo : Dawn

8 April 2020, Wednesday

Sugar crisis cost common man Rs86 billion

300 VIPs misused public funds in hundreds of billions

PR Daily Brief | PR Team

by Lakshmi V Menon

Sugar crisis cost common man Rs86 billion
According to data analysis, the sugar crisis or the unchecked peaking costs of sugar has cost consumers Rs86bn from December 2018 to February 2020, of which Rs76bn went to sugar mill owners. Additionally, they also availed a Rs 3bn subsidy from the Punjab government. Over 51 per cent of the Rs76bn went into the pockets of six influencial families. From Rs51.64 in December 2018, the ex-mill price for sugar increased to Rs71.64 in February 2020. However, it must be noted that price of sugar cane had surged from a support price of Rs190 per 40kg to Rs217 in Punjab and Rs226 in Sindh. (Dawn, 7 April 2020) 
300 VIPs misused public funds in hundreds of billions
The Inquiry Commission on Debt’s (ICOD) officials claim over 300 bigwigs may come under fire for misusing “public funds worth hundreds of billions taken as foreign loans” across 2008-2018 (during regimes of PML-N and PPP), once the comprehensive report is released in the third week of April. The findings include delays, misuse of authority, misappropriations, irregularities and time procedural faults. (Dawn, 7 April 2020) 

Considering issues of inefficiency, poor planning, incompetency and mismanagement, the ICOD identified BS-20 to BS-22 officers across provincial and federal government departments, institutions, semi and assisting government authorities. It revealed 23 entities and 200 key individuals involved in suspicious dealings worth Rs450bn via 220 private accounts across 150 private and public projects. Controversial projects like BRT Peshawar Project (estimation peaked from Rs30bn to Rs75bn) and Neelum-Jhelum Hydropower Project (estimation peaked from Rs84bn to Rs500bn) were investigated. Various projects of railways divisions, Ports and Shipping, HEC, health, information/science technology, Interior Division, Population and Women development projects and Cabinet Division, Climate Change Division and Communications Division were also scrutinized.  

Causes for the surge in public debt and liabilities from Rs6,690bn in 2008 to Rs30,846bn till September 2018 were analyzed. ICOD, during its interactions with the Centre to gain legal assistance from foreign jurisdictions, has also identified non-cooperative departments.

Other Daily Briefs

08 July 2020, Wednesday, Vol 1, No.71

Return of Lal Masjid Maulana

07 July 2020, Tuesday , Vol 1, No.70

Female Literacy in the Pashtun tribal regions

06 July 2020, Monday, Vol 1, No.69

The problem with Pakistan Railways

02 July 2020, Thursday, Vol 1, No.65

The Curious case of "Minus One" Formula in Pakistan

30 June 2020, Tuesday, Vol 1, No.63

BLA claims the attack on Stock Exchange in Karachi

28 June 2020, Sunday, Vol 1, No.61

Pakistan This Week

27 June 2020, Saturday, Vol 1, No.60

PTM accepts the dialogue offer, but wants CBMs

24 June 2020, Wednesday, Vol 1, No.57

Reviewing Pakistan's Space Programme

23 June 2020, Tuesday, Vol 1, No.56

Imran Khan says he was against the idea of lockdown

21 June 2020, Sunday, Vol 1, No.54

Pakistan This Week

20 June 2020, Saturday, Vol 1, No.53

Budgets presented in KP, and in Gilgit-Baltistan

19 June 2020, Friday, Vol 1, No.52

PTI tries to get the BNP back into coalition,

18 June 2020, Thursday, Vol 1, No.51

Baloch partner of the PTI government leaves the coalition

15 June 2020, Monday, Vol 1, No.48

The PTI government invites the PTM for a dialogue

14 June 2020, Sunday, Vol 1, No.47

Pakistan This Week

13 June 2020, Saturday, Vol 1, No.46, Special Brief

Pakistan Budget 2020-21: The First Cut

12 June 2020, Friday, Vol 1, No.44, Special Brief

Pakistan’s Economic Survey 2019-20

07 June 2020, Sunday I Vol 1, No.38

Pakistan This Week

05 June 2020, Friday, Vol 1, No.36

Highest COVID Spike

04 June 2020, Thursday, Vol 1, No.35

Imran receives a briefing at the ISI HQ

03 June 2020, Wednesday, Vol 1, No.34

Covid cases spike and Lahore becomes the epicentre

01 June 2020, Monday, Vol 1, No.32

Drivers of Karachi Violence

30 May 2020, Saturday, No 1, No.30

Gwadar port ready for the Afghan goods

29 May 2020, Friday, Vol 1, No.29

Pakistan remembers 28 May Nuclear Tests

24 May 2020, Sunday, Vol 1, No.24

Pakistan This Week

22 May 2020, Friday, Vol 1, No.22

The missing girls of Pakistan

21 May 2020, Thursday, Vol 1, No.21

Locusts threaten Pakistan's food security

17 May 2020, Sunday, Vol 1, No 17

Pakistan This Week

15 May 2020, Friday, Vol 1, No.15

Disregard for SOPs peaks Covid-19 cases

14 May 2020, Thursday, Vol 1, No 14

Violence in Afghanistan and the Media in Pakistan

12 May 2020, Tuesday, Vol 1, No 12

Smart Lockdown, SOPs vs Social Realities

9 May 2020, Saturday, Vol 1, No 9

Record COVID-19 spike in a single day;

6 April 2020, Monday

Punjab: Surge in Covid-19 cases

2 April 2020, Thursday

Centre extends lockdown to 14th April

25 March 2020, Sunday 

Multiparty conference blames Imran Khan

24 March 2020, Tuesday 

Curfew last option: Imran Khan

21 March 2020, Saturday

Pakistan fights CoronaVirus

5 March 2020, Thursday

26.5 per cent drop in trade deficit

27 January 2020, Monday 

PTI's Punjab problem

27 January 2020, Monday 

For the PTI, all is not well inside Punjab

25 January 2020, Saturday

Pakistan successfully tests Ghaznavi 

16 January 2020, Thursday

PTI's coalition conundrum enlarges

25 November 2019, Wednesday

Terrorism declines in Balochistan during 2019

07 November 2019, Thursday

Azadi march and sit-in

04 November 2019, Monday

Pakistan rejects India's new J&K map

29 October 2019, Tuesday 

Karachi signs a MoU with Qingdao