{"id":50933,"date":"2019-04-01T15:20:19","date_gmt":"2019-04-01T15:20:19","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=50933"},"modified":"2020-01-28T12:21:49","modified_gmt":"2020-01-28T12:21:49","slug":"new-unit-set-up-financial-audit-cpec-projects","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/new-unit-set-up-financial-audit-cpec-projects.html","title":{"rendered":"New unit set up for financial audit of CPEC projects"},"content":{"rendered":"<p>Lahore: A new unit has been set up for conducting the financial audit of projects under the China-Pakistan Economic Corridor (CPEC) initiative, a news source reported. This financial audit unit is expected to oversee projects worth billions of dollars being carried out with the help of China.<\/p>\n<p>Read:\u00a0<a href=\"https:\/\/www.zameen.com\/news\/majority-of-punjabs-socioeconomic-development-through-cpec-to-be-in-south.html\" target=\"_blank\" rel=\"noopener noreferrer\">Most of Punjab&#8217;s CPEC-ended Socioeconomic Development to take place in South<\/a><\/p>\n<p>A ceremony was held at the Audit &amp; Accounts Academy on Sunday to this effect. During the event, the Auditor-General of Pakistan Mr Javed Jehangir stated that a directorate-general is being set up for carrying out the financial audit of CPEC projects. He added that three other similar units are also in the works. These will be responsible for implementing the audit of the social safety net, information system, and the environment.<\/p>\n<p>Read:\u00a0<a href=\"https:\/\/www.zameen.com\/news\/chinese-companies-navtcc-join-hands-to-facilitate-pakistani-workers-in-cpec.html\" target=\"_blank\" rel=\"noopener noreferrer\">Chinese companies, NAVTCC join hands to facilitate Pakistani workers in CPEC<\/a><\/p>\n<p>Jehangir quoted that both the federal and provincial governments had demanded a special audit report for their development projects. They insisted the same for the related expenditures and revenue generated, he added.<\/p>\n<p>The Auditor-General further commented that the auditors would have to enhance their expertise in conducting IT, forensic and environment audits to fulfil these objectives.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lahore: A new unit has been set up for conducting the financial audit of projects under the China-Pakistan Economic Corridor (CPEC) initiative, a news source reported. This financial audit unit is expected to oversee projects worth billions of dollars being carried out with the help of China. Read:\u00a0Most of Punjab&#8217;s CPEC-ended Socioeconomic Development to take place in South A ceremony was held at the Audit &amp; Accounts Academy on Sunday to this effect. During the event, the Auditor-General of Pakistan Mr Javed Jehangir stated that a directorate-general is being set up for carrying out the financial audit of CPEC projects. He added that three other similar units are also in the works. These will be responsible for implementing the audit of the social safety net, information system, and the environment. Read:\u00a0Chinese companies, NAVTCC join hands to facilitate Pakistani workers in CPEC Jehangir quoted that both the federal and provincial governments had demanded a special audit report for their development projects. They insisted the same for the related expenditures and revenue generated, he added. The Auditor-General further commented that the auditors would have to enhance their expertise in conducting IT, forensic and environment audits to fulfil these objectives.<\/p>\n","protected":false},"author":68,"featured_media":34122,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[11142],"persona":[],"class_list":{"0":"post-50933","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-details-on-new-unit-set-up-for-financial-audit-of-cpec-projects"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>New unit set up for financial audit of CPEC projects - Zameen News<\/title>\n<meta name=\"description\" content=\"Lahore: A new unit has been set up for conducting the financial audit of projects under the China-Pakistan Economic Corridor (CPEC) initiative, a news\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/new-unit-set-up-financial-audit-cpec-projects.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New unit set up for financial audit of CPEC projects - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Lahore: A new unit has been set up for conducting the financial audit of projects under the China-Pakistan Economic Corridor (CPEC) initiative, a news\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/new-unit-set-up-financial-audit-cpec-projects.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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