President for enhanced cooperation between Audit Institutions of Pakistan & Azerbaijan

Government of PakistanPresident for enhanced cooperation between Audit Institutions of Pakistan & Azerbaijan

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.

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.

Mati
Mati
Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.

Must read

Recent News

AUD to INR: Australian Dollar to Indian Rupee Today – 15 April 2024

0
The Australian Dollar (AUD) was trading at 54.13 as per the Indian Rupee (INR) on Monday.Currently, Indians are now the second-largest migrant group in...

USD to PKR: USD Dollar Rate in Pakistan Today – 15 April 2024

0
The US Dollar (USD) was being bought and sold at Rs 277.6 and Rs 280.6 in the Open Market against the Pakistani Rupee (PKR)...

Gold Price in Pakistan Today – 15 April 2024

0
On Monday (April 15, 2024), the gold rate for one tola of 24-karat in Karachi, Pakistan, is Rs 240,900.000.It's important to note that gold...

Nuclear Energy for Climate Justice- A Climate-Resilient Energy Solution for Pakistan

0
By Qurat-Ul-Ain Shabbir and Hira BashirForeign Minister Ishaq Dar, speaking at a nuclear summit in Brussels, underscored the imperative of "aggressive financing" for nuclear...

How to Apply for Interest Free Punjab Bike Scheme For Students?

0
Under the Chief Minister’s Youth Initiate, the Punjab government, in collaboration with the Bank of Punjab, will provide 20,000 motorbikes to students across the...
Advertisement