The Comptroller and Auditor General of India signed a Memorandum of Understanding (MoU) with the UAE Accountability Authority of the United Arab Emirates, Supreme Audit Institution, UAE during a bilateral meeting with the President of UAE Accountability Authority.
During the signing ceremony, CAG of India Girish Chandra Murmu expressed his enthusiasm for the partnership, stating, “This MoU is a testament to the shared values and goals of our institutions and reinforces the strong ties between India and the UAE.” He added that the agreement would create opportunities for greater collaboration and learning between the Supreme Audit Institutions.
The MoU aims to foster collaboration between the two Supreme Audit Institutions , focusing on areas such as knowledge exchange, capacity building, and best practices in public sector auditing. By sharing expertise and experiences, both countries seek to strengthen their respective audit methodologies and improve overall governance.
Humaid Obaid Khalifa Obaid Abushibs, President of the UAE Accountability Authority, emphasized the importance of the MoU in enhancing external audit practices and strengthening bilateral relations. He noted that the cooperation would contribute to improved governance and accountability in both countries.
The MoU marks a significant step forward in strengthening public sector audit cooperation between India and the UAE, paving the way for greater transparency, efficiency, and accountability in government operations.
By Vinod Kumar (Dubai)