Local governance is all about service delivery at the grass roots. Achieving service delivery at that level requires an effective internal audit to establish integrity in the management of public expenditure. Once integrity is achieved fiscal transparency ushers in fiscal accountability. The...

This study empirically examined the positive impact of government audit supervision on promoting fiscal sustainability using Chinese provincial panel data from 2011 to 2019. The results demonstrate that government audits can significantly enhance fiscal sustainability.In addition, this study...

This Technical Assistance Report for Mali examines the performance of its public expenditure management system. The IMF report suggests that payments arrears can possibly be monitored overtime through the financial management system (PRED), based on the validation of invoices. The principle of...

Libya faces a number of challenges to establishing a robust, efficient, and transparent public financial management system. There is a need to establish a clear macrofiscal policy framework. The Sovereign Wealth Fund (SWF) should be a financing fund system with clear and rigid inflow and outflow...