RAA launches the Strategic Plan 2015-20
The Royal Audit Authority releases its Strategic Plan 20152020 and Operational Plan 2015-2020 last Wednesday.
The plan was submitted to His Majesty the Druk Gyalpo, the Prime Minister and the Speaker of the Parliament.
According to the press release from the Royal Audit Authority of Bhutan, the report will also be shared with the Chairperson of National Council, Opposition Leader, cabinet minister, head of the constitutional offices and donors.
The press release states that it is His Majesty’s aspiration which propels the RAA to embark on formulating another strategic plan, keeping abreast with the changing environments and expectations, and coping up with the evolving internal strengths & weaknesses and external opportunities & threats.
The other dynamism behind for the need of strategic plan is in fulfillment of the constitutional mandates. The RAA plays as the promoter of good governance, enabler of decision making and as partners for building a clean society.
The RAA’s oversight audit model comprises of legislature/Parliament and executives. The Parliament entrusts resources to the executives. In return, the executives implement the plans and programmes and are accountable to the legislature.
The RAA is the third party in the model and it provides independent views on the operations of the public sectors, service efficiency and stewardship of public resources through its performances, financial and compliance audits.
The press release further states that the RAA is the first country to make the report online to rise further against the rising challenges and leap to reap the best. RAA also received suggestions from the stakeholders.
RAA has formulated its RAA’s Strategic Plan Framework 2015-2020, identifying two outcomes, three strategic goals and three areas for capacity building.
The outcome includes greater audit impact leading to improved accountability, transparency and ethical behavior in the public sector in Bhutan and improved public sector performance in national key result areas and sustainable development goals (SDG) commitments in achieving the Gross National Happiness (GNH).
The press release also states the RAA has identified three Goals that includes the RAA delivers high quality audits as per international standards , including international Standards for Supreme Audit Institutions (ISSAIs)-Delivering Quality, the RAA leads by example in being accountable, transparent and ethical organization-Demonstrating excellence, and the RAA enjoys strong partnerships and corporation with key stakeholders-Fostering collaboration.
The RAA has also identified three areas for capacity building towards accomplishing the strategic goals and ultimately meeting the targets defined at the outcome level. “It will strive to build a strong leadership and professional culture, institute appropriate institutional framework, organizational structure and systems and create a competent and motivated workforce.”
The RAA also revisited the core values and arrived at five core values including Integrity, accountability, transparency, professionalism and team work to meet its target.
“The RAA will always look up to its key stakeholders for the unstinted support and strive to serve to the best of its abilities in promoting good governance in the country.”
The Finance minister Lyonpo Namgay Dorji and Auditor General Tshering Kezang launched the RAA Strategic Plan 2015-2020.