Home » Business » More than $200 billion of the US epidemic relief fund has been subject to abuse and waste – 2024-02-23 04:58:20

More than $200 billion of the US epidemic relief fund has been subject to abuse and waste – 2024-02-23 04:58:20

/ world today news/ According to a report presented by the US Small Business Administration (SBA), $200 billion from the fund to alleviate the epidemic of COVID-19 was subject to abuse.

Losses to fraud and waste were 17 percent of the total amount allocated by the administration, which is $1.2 trillion.

According to experts, a number of government programs during the COVID-19 pandemic have been subject to some degree of fraud.

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