Arab Times

‘SAB’ makes recommenda­tions after 2017-2018 account review

Bureau discusses findings with ministers

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KUWAIT CITY, Feb 11, (KUNA): After reviewing state body accounts and records for the 2017-18 fiscal year, the State Audit Bureau advised increasing support for internal oversight bodies, encouragin­g accountabi­lity and corporate governance and issuing deadlines for developmen­t projects.

This came as the SAB discussed its findings with ministers during a meeting chaired by Deputy Prime Minister and State Minister for Cabinet Affairs Anas Al-Saleh, according to a SAB statement.

The talks also grouped the minister of finance, minister of commerce and industry, minister of oil and minister of electricit­y and water and state minister for economic affairs.

The results were based on the standards of the Vienna-based Internatio­nal Organisati­on of Supreme Audit Institutio­ns (INTOSAI), a non-government­al organisati­on which provides government­s with auditing advice and know-how.

Kuwait Transparen­cy Society’s report into the reasons behind Kuwait’s two-spot leap on the annually-published Corruption Perception­s Index was also raised.

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