Assessment of the Maturity of the Internal Audit System for Fiscal Management

The National Transparency Authority, in the framework of developing and monitoring the implementation of the National Internal Audit System, which includes the Internal Audit System for Fiscal Management, implemented the project "Assessment of the Maturity of the Internal Audit System for Fiscal Management." This project aims to capture the maturity level of the individual elements and processes Internal Audit System for Fiscal Management of Ministries, regarding governance, policies, practices, organization and structure, resources, and operations.

This project is a good practice of collaboration, as the contribution of the Permanent Secretaries of the Ministries and their staff was crucial in identifying opportunities for improving the existing institutional framework and procedures for fiscal management, based on the principles of sound fiscal management, accountability, and transparency.

Moreover, the Report was a deliverable within the framework of the Enhanced Supervision Mechanism. The 11th Progress Report of our country, published on 23 September 2002, referred to the successful completion of this project and the proposals made in it.