How does CAG's pact with General Court of Audit of Kingdom of Saudi Arabia benefit India
CAG signs pact with General Court of Audit of Kingdom of Saudi Arabia.
1. Exchange of expertise: The pact allows for the exchange of knowledge and best practices between the Comptroller and Auditor General (CAG) of India and the General Court of Audit of the Kingdom of Saudi Arabia.
2. Capacity building: Collaboration under the pact can lead to capacity building initiatives for audit institutions in both countries, enhancing their effectiveness in ensuring transparency and accountability.
3. Improved audit processes: Sharing of experiences and methodologies can help in enhancing the audit processes of both countries, leading to more efficient and effective audits.
4. Enhanced diplomatic ties: Such collaborations can strengthen diplomatic ties between India and Saudi Arabia, fostering mutual trust and cooperation in the field of public auditing.
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8 months ago