How is the role of the CAG important in promoting transparency and accountability
The recent pact signed by CAG with the General Court of Audit of Saudi Arabia underscores the importance of transparency in governance.
- Independence: The role of the CAG (Comptroller and Auditor General) in auditing government accounts and finances ensures an independent and impartial oversight.
- Accountability: By evaluating governmental expenditures and performance, the CAG holds public officials accountable for their actions and decisions.
- Transparency: The CAG promotes transparency by conducting audits that reveal the financial management of public institutions and expenditures of taxpayer money.
- Preventing corruption: Through regular audits and reports, the CAG helps in identifying and preventing corruption and financial mismanagement.
- International cooperation: Collaboration like the recent pact with the General Court of Audit of Saudi Arabia enhances global best practices in promoting transparency and accountability in governance.
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10 months ago