Pakistan and Saudi Arabia have signed a Memorandum of Understanding (MoU) to enhance collaboration in public-sector auditing. The agreement, aimed at improving governance, transparency, and accountability in government spending, was finalized during a visit by a Saudi delegation from the General Court of Audit (GCA) to Pakistan.
The delegation, led by Dr. Hussam bin Abdulmohsen Alangari, President of the GCA, arrived in Pakistan on Sunday for a four-day visit. The MoU was signed during a meeting between the Auditor-General of Pakistan (AGP), Muhammad Ajmal Gondal, and the Saudi representatives.
This significant collaboration will focus on increasing cooperation between the audit institutions of both countries, facilitating the exchange of knowledge, and organizing joint training programs. The agreement is expected to further strengthen professional relations between the auditing bodies and promote bilateral cooperation between Pakistan and Saudi Arabia.
“The exchange of ideas and methodologies will undoubtedly strengthen our capacity to meet emerging challenges and set new benchmarks for public accountability,” said AGP Muhammad Ajmal Gondal in a statement.
As part of the partnership, the two sides will share best practices in audit standards, performance audits, and citizen participatory audits. There will also be an emphasis on expanding expertise in thematic, environmental, and impact audits. One of the key areas of collaboration will be a performance audit of the oil and gas sector, scheduled for 2025.
The MoU also focuses on addressing emerging auditing challenges and planning future cooperative audits. Both countries have agreed to exchange trainers and implement joint training programs to ensure the continuous development of audit methodologies.
The partnership reflects the shared commitment of Pakistan and Saudi Arabia to promote transparency and excellence in public sector auditing, with the ultimate goal of improving governance and accountability in both nations.