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Moses Magadza in Malawi THE 51st Plenary Assembly session of the SADC Parliamentary Forum has today (14 July, 2022) adopted the much-anticipated Model Law on Public Financial Management (PFM), raising hopes in a region in which lack of accountability in the use of public funds has perennially jinxed socioeconomic development. The Plenary Assembly is the
For many Nigerians, the term corruption is not new and corrupt acts across all sectors have become a norm. Indeed, many acts of corruption are not
Daily Times May 21, 2021 ISLAMABAD: PPP Chairman Bilawal Bhutto Zardari has said that the people of Pakistan are passing through their most difficult times only because of the incompetence and ineptitude of the absurd policies of the PTI-led federal government of Pakistan. The federal government, under Prime Minister Imran Ahmed Khan, has proven to be absolutely unfit for the job of governing Pakistan, Bilawal said in a statement issued on Friday. “Governance, to the PM, seems to mean taking notice of sky-rocketing inflation but doing nothing to counter it”, the PPP chairman said. “The ...
Share Conflict of interest arises when capable rich people start to establish institutions that multiply their capital and have to hire employees to oversee matters they may not be able to tend to. In such cases, there needs to be check and balance so that neither side is at a disadvantage. Auditing is the right practice to settle such clashes. Auditing promotes clarity and confidence among employees and business owners. It helps the coworkers to have trust among each other and that indirectly helps in the smooth functioning of organizations. Mr. Gherezgiher Ghebremedhin The Office of the Aud...
As the Chairman, the CAG of India plays a key role in achieving the Panel's objective of greater degree of collaboration and coordination, and exchange of information on audit methods and findings, among the Panel members, said an official statement. "CAG leads the Panel as a distinctive forum to support the delivery of high quality, standards-based assurance, to ensure that reported financial information provides a transparent and accurate basis for the financial decisions made by the United Nations and its Specialized Agencies," the statement said. The UN General Assembly had in 1959 establ...