EU supports the Palestinian Authority in strengthening its external audit capacity

12-01-2022
EU-Palestine
EU-Palestine
Copyright: EU and the Palestinians

The Polish Supreme Audit Office (NIK) and Palestinian State Audit and Administrative Control Bureau (SAACB) announced the twinning project with a EUR 1.5 million EU contribution. The project aims at strengthening the capacities of the Palestinian State Audit and Administrative Control Bureau to become an independent, efficient and effective external audit institution in line with international standards.

The project overall objective is to improve accountability and management of public funds in Palestine through enhanced external audit capacity, and in conformity with recognized international audit standards. The project is also expected to support the SAACB in improving its function, performance and impact.

Furthermore, this twinning project aims to improve capacities to undertake financial and compliance audits, to carry out tax and customs audit, and ensure quality and efficiency of audits by means of big data auditing. The project amounts to €1.5 million, implemented over 2021-2023, with the European Union as the sole financial contributor of the project.

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