President Trump's Davos Address: Fraud & the Federal Budget Today at the World Economic Forum in Davos, President Trump discussed efforts to reduce government fraud, stating that cutting about 50% could help achieve a balanced federal budget without relying solely on economic growth. He referenced specific cases, including alleged large-scale improper payments. Official data from the Government Accountability Office (GAO) estimates annual federal fraud losses between $233–521 billion, with impro

The Directorate of Economic Crime, Federal Investigation Agency (FIA), plays a pivotal role in combating financial crimes and ensuring transparency and accountability in economic affairs. Director Economic Crime, Amir Abdullah Niazi, explained the mandate and operational framework of the Directorate, highlighting its efforts to address financial irregularities, fraud, and corruption through robust investigation and inter-agency coordination. He also shared the vision for key institutional reform