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SAB chief urges issuing GCC guide for protecting public money

– Director of State Audit Bureau of Kuwait (SAB) Faisal Al-Shaya on Tuesday stressed the importance of issuing a comprehensive regulatory guide for GCC countries on auditing and protecting public funds at time of crisi.

Audit agencies should take all measures that can help elevate work mechanisms and achieve targeted objectives in order to protect public funds against and fight corruption, Al-Shaya was quoted in a SAB statement on the occasion of the 18th GCC SAB meeting.

During the visual meeting, SAB made a proposal to include Arabic Language among the official languages of the Asian Organization of Supreme Audit Institutions (ASOSAI), to boost Arab presence there.

Al-Shaya also said that in the meeting they discussed the 2021/2202 recruitment plan, the joint general audit guide and the schedule for reviewing previously issued joint audit manuals.

Source: Kuwait News Agency

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