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Audit plan for southern provinces revealed

Government agencies at the provincial level and development projects will be some of the main targets of auditors in the southern provinces this year.

The plan was outlined by the State Audit Organisation's branch for the southern provinces at the recent meeting of the Attapeu provincial People's Council.

The targets are four government agencies, two state enterprises, four government investment development projects, and a fund under the supervision of the Lao Federation of Trade Unions.

The construction projects to be investigated include a road connecting the Laos-Vietnam border in Ta Oy district through Xekong and Saravan provinces, construction of the Huayphek-Veunxay road in Champassak's Phonthong province, and the construction of a Party office in Champassak province.

Audits for fiscal year 2014-15 found trillions of kip had been lost due to the continued violation of financial regulations by ministries, government agencies, and state enterprises.

More than 200 billion kip was recovered initially following the implementation of the Prime Minister's Office Announcement No. 666 dated May 12, 2016 by the State Audit Organisation and State Inspection Authority, which established a taskforce to re-audit in search of additional revenue.

Priorities in the audit plan will also be projects concerning rural development and poverty reduction that use state resources, and projects that address the Millennium Development Goals, especially infrastructure development.

The recent session of Attapeu province's People's Council approved a report on the results of the audit for 2013-14, the audited report, implementation of the province's state budget plan for 2014-15, audit activities for 2015-16, and this year's plan.

 

 

By Times Reporters
(Latest Update
February 8,
2017)


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