Economy

Zineb El Adaoui Advocates for Transparency within AFROSAI

Moroccan Court of Accounts President Calls for Enhanced Transparency in African Public Financial Control Institutions

Zineb El Adaoui, the President of Morocco’s Court of Accounts, has emphasized the need to strengthen transparency and accountability within African Supreme Audit Institutions (SAIs). Her remarks came during the 63rd session of the Governing Committee of the African Organisation of Supreme Audit Institutions (AFROSAI), held in N’Djamena, Chad, coinciding with the launch of the organization’s 50th anniversary celebrations.

Regular Meetings: A Pillar of Transparency

During the meeting, Zineb El Adaoui highlighted the importance of member institutions’ commitment to ensuring the continuous operation of AFROSAI and maintaining its credibility. She stressed the necessity of holding regular periodic meetings, viewing this consistency as a fundamental principle of transparency and accountability.

The President drew a parallel between the requirements placed on audited entities, which are obligated to present regular reports on public fund usage, and the functions of audit institutions themselves, asserting that they must embody these principles in their own operations and governance.

The Strategic Plan 2022-2027 at the Heart of Discussions

The Moroccan official also underscored the significance of this 63rd session, which occurs just one year before the conclusion of AFROSAI’s strategic plan for the period 2022-2027. She expressed hope that the outcomes of this gathering would lead to concrete results that would strengthen the capacities of member institutions, solidify cooperation with technical and financial partners, and evaluate the organization’s achievements.

Consequently, this session marks an important step in tracking AFROSAI’s strategic directives and preparing for its upcoming operational milestones.

African Public Debt: A Focus of Roundtable Discussions

On the sidelines of the proceedings, Zineb El Adaoui facilitated a roundtable discussion on public debt in Africa. The conversations addressed the challenges of managing public debt, the conditions necessary to ensure the independence of its oversight, and the importance of maintaining sustainable public finances.

These issues are central to discussions regarding financial governance on the continent, particularly concerning the monitoring of public debt, oversight of resource utilization, and the accountability of institutions responsible for managing these resources.

The participation of the Court of Accounts President in this meeting aligns with ongoing dialogues among African Supreme Audit Institutions aimed at enhancing their capacities while promoting the principles of transparency and sound financial governance.

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