ISLAMABAD, Pakistan: President Dr. Arif Alvi has called for increasing cooperation between the supreme audit institutions of Pakistan and Azerbaijan for sharing best auditing practices to enhance transparency and financial accountability.
Talking to the visiting Chairman of the Chamber of Accounts of the Republic of Azerbaijan Vugar Gulmammadov who along with his delegation called on him at Aiwan-e-Sadr in Islamabad on Friday, the president said that public sector accounting was a critical component of financial management within government organizations that helped ensure transparency and accountability in government spending.
The Auditor General of Pakistan (AGP) Muhammad Ajmal Gondal and Officials of AGP also attended the meeting.
صدر مملکت ڈاکٹر عارف علوی سے چیئرمین آذربائیجان چیمبر آف اکاؤنٹس ، ووگر گل محمدوف ، کی وفد کے ہمراہ ملاقات
پاکستان اور آذربائیجان کے اعلیٰ آڈٹ اداروں کے درمیان تعاون بڑھانے کی ضرورت ہے ، صدر مملکت pic.twitter.com/4KWhHNVQpT
— The President of Pakistan (@PresOfPakistan) March 1, 2024
The Chairman of the Chamber of Accounts of Azerbaijan (CAA) Vugar Gulmammadov briefed the President about the Memorandum of Understanding (MoU) signed between the Supreme Audit Institution of Azerbaijan, CAA, and the Supreme Audit Institution of Pakistan, AGP, for peer reviews of public accounts.
The Chairman CAA said that the MoU would help deepen friendly relations between the two Countries.
President Arif Alvi lauded the signing of the MoU between AGP and CAA, saying that it would increase cooperation between two Countries in the field of Public Sector Auditing. He added that cooperation between CAA and AGP would be mutually beneficial for both the countries.
The president also appreciated AGP’s role in carrying out peer reviews of the Supreme Audit Institution (SAI) of Azerbaijan.
Talking to the delegation, President Arif Alvi said that Pakistan accorded special importance to its relations with Azerbaijan, which were based on common faith, shared history, and people-to-people contacts.
The president stated that promoting cultural exchanges and strengthening cooperation in the cultural and economic fields was vital for fostering understanding and mutually beneficial development between the two brotherly nations.
Dr. Arif Alvi termed the cooperation between Pakistan and Azerbaijan “pivotal for promoting peace, stability, development in the region”.
President Arif Alvi also felicitated President Ilham Aliyev of Azerbaijan on his re-election in the Presidential elections held on February 07, 2024 and hoped that the bilateral relations between Pakistan and Azerbaijan would be further strengthened during his tenure.
