State Audit should boost int’l cooperation to strengthen capacity: PM

Prime Minister Nguyen Xuan Phuc has asked the State Audit Office of Vietnam (SAV) to enhance international cooperation to learn from other countries, helping improve its capacity.
State Audit should boost int’l cooperation to strengthen capacity: PM ảnh 1Prime Minister Nguyen Xuan Phuc speaks at a meeting with SAV staff on February 2 (Photo:VNA)

Hanoi (VNA) –Prime Minister Nguyen Xuan Phuc has asked the State Audit Office of Vietnam(SAV) to enhance international cooperation to learn from other countries,helping improve its capacity.

Meeting with SAV staff in Hanoi on February 2,he said the Government hopes the agency will become an effective tool of theParty and State in financial and public asset management.

Highlighting successful auditing activities,especially the recovery of more than 115 trillion VND (5.08 billion USD) forthe State budget, he said the SAV’s activities have won increasing support fromthe Party, State and people.

The SAV has also found loopholes in statemanagement through its activities, which helps the Government addressshortcomings, he noted.

PM Phuc said he wants the SAV to become anincorruptible, facilitating and action-oriented part of the Government.

As the SAV prevents the misuse of power infinancial and state asset management, it should reinforce its apparatus, enhanceits capacity and professional etiquette.

The leader asked the SAV to be proactive indevelopment while pressing ahead with policy research to give suggestions tothe Government and other agencies.

It is also critical to step up administrativereform and cut down auditing time to better serve people and businesses, headded.

At the meeting, SAV Auditor General Ho Duc Phocreported auditing has helped fine-tune regulations, policies and laws, contributingto the fight against corruption and wastefulness.

The SAV has proposed penalties for hundreds ofviolating collectives and persons, transferred many cases to investigationagencies and provided documents for authorised bodies to carry out examination,supervision and legal proceedings.

The SAV succeeded in auditing the restructuringand assessment of the value of State-owned enterprises, helping protect theState’s benefits before equitising these firms, Phoc noted.-VNA
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