Parliamentary committee asks Govt to review S$72.3 billion Covid-19 spending

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Parliamentary committee asks Govt to review S$72.3 billion Covid-19 spending
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SINGAPORE — A parliamentary committee has asked the Government to conduct a comprehensive review of the S$72.3 billion spent to combat Covid-19 in financial years 2020 and 2021

This is to ensure that transactions were bona fide and that there was no erroneous payment, the Public Accounts Committee said in its report submitted to Parliament on Wednesday .

It had deliberated on the observations in the report of the Auditor-General for the financial year 2021/22. “The relevant agencies should follow up to rectify any errors uncovered during their internal reviews and audits, and take steps to report and recover any loss of public monies,” she said.had found that the Health Promotion Board , Singapore Land Authority and Ministry of Manpower had areas where controls could have been improved.

The PAC in its report said MOF had informed them that its review of controls and checks in relation to Covid-19 had begun since early 2022. "For example, in October 2020, the Ministry of Trade and Industry had found errors in the business reopening dates used to determine the Job Support Scheme payouts," the PAC report said.As of July 2022, the Government has recovered 99.8 per cent of the overpayment amount.

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