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Home    >   Press Release   >  MoU between Comptroller & Auditor General( CAG ) of India and Auditor General of Maldives - 24 October 2021

MoU between Comptroller & Auditor General( CAG ) of India and Auditor General of Maldives - 24 October 2021

The Auditor General’s Office of the Maldives and the Comptroller and Auditor Generalof India signed a Memorandum of Understanding (MOU) on 24 October 2021 to strengthen existing relations and bilateral cooperation between both parties. The MOU was signed between Auditor General (AG) of Maldives, Mr. Hussain Niyazy and Comptroller and Auditor General (CAG) of India, Mr. Girish Chandra Murmu who is on an official visit to the Maldives at the invitation of the Auditor General of Maldives.

In signing the MOU, both parties underscored the importance of collaborating with each other in the areas of mutual interest to enhancethe professional capacity of both the institutions and improve their methodologies in the field of public audit. The parties also agreed to conduct training programmes in their respective countries for their staff on a need basis and explore other means of capacity development support, and cooperate on areas that are mutually beneficial.

The MoU signed between the two SAIs will bring greater flexibility and dynamism in knowledge transfer and cooperation between our SAIs. Smart auditing practices, faster and efficient data analysis, as well as capacity building by skilling our teams in latest best practices will go a long way in creating a firm foundation for the growth goals of both economies.

The institutional relationship between the Auditor General’s Office of the Maldives and the Office of Comptroller and Auditor General of India was formally established in 2008 with the signing of an MOU between the two institutions. The MOU led to the strengthening of ties that both the institutions had always enjoyed owing to close bilateral relations and regional cooperation between the Maldives and India and due to the fact both the institutions are members of the Asian Organization of Supreme Audit Institutions (ASOSAI) and the International Organization of Supreme Audit Institutions (INTOSAI). CAG’s International Centre for Information Systems and Audit (iCISA) and International Training Centre for Environment Audit and Sustainable Development (iCED) are supporting AGO Maldives by offering capacity building programmes under the Government of India’s Indian Technical Economic Cooperation (ITEC) Programme. iCISA has conducted two virtual training programmes for the staff of the Auditor General’s Office (AGO) in 2021. In previous years, scores of the AGO staff have attended training programmes run by iCISA. In addition, members of AGO staff have participated in training programmes on environmental audit conducted by iCED

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