The delegation led by the Chairman of the Chamber of Accounts Vugar Gulmammadov atteneded V EUROSAI/ARABOSAI Joint Conference
Add date: 2015-12-09

V EUROSAI/ARABOSAI joint Conference was held in Doha, Qatar, December 7-9, 2015.

The delegation led by the Chairman of the Chamber of Accounts of the Republic of Azerbaijan Vugar Gulmammadov was represented in this conference which covered 35 countries. This conference was dedicated such issues as risk assessment of financial crisis, and increasing role of SAI’s. The 3 days Conference was organized on subtopics discussion panels as “The role of SAIs in monitoring of the bailout plans” and “Perceptions of the future role of SAIs in warning against the risk of financial crisis”.

 

In the opening ceremony Prime Minister of State of the Qatar, A.H Abdullah bin Nasir bin Khalifa Al Tanit, the President State Audit Bureau of Qatar A.H Sheikh Bandar bin Said Al Tani,  President of ARABOSAI, President of State Audit Bureau of Kuwait Adil Abdulaziz Al Saravi made speeches, as well as greetings letters of EUROSAI and ARABOSAI member SAIs was introduced to the meeting guests.

 

The Chairman of Chamber of Accounts, Vugar Gulmamadov  has been speaker in discussions on the topic of  “Perceptions of the future role of SAIs in warning against the risk of financial crisis”.  The Chairman of Chamber noted that increasing  financial accountability and financial administration affect the scope financial crisis, and this consequently results in necessity to strengthen SAIs activities and capacity building, and stressed the importance of INTOSAI standards and UN Resolutions in this area. In his speech, the opinions on increasing role of SAIs in evaluation of public debt sustainability and analysis of Key National Indicators were also brought to the attention of the participants.

As a result of the overall discussions, the final draft declaration of the Conference were prepared and approved.  

 

Within the framework of the Conference Vugar Gulmammadov has met with the Chairman of the Accounting Chairman of Ukraine Roman Maguta, and future perspectives of this cooperation were discussed between the parties.

 

Just for reminding that, IV EUROSAI/ARABOSAI Joint Conference was hosted by the Chamber of Accounts of the Republic of Azerbaijan in Baku, 2013.