The Austrian Development Agency (ADA) and the INTOSAI Development Initiative (IDI) signed a six-year agreement over 2.1 million euros to support SAIs in developing countries.
With this agreement, ADA and IDI reconfirm their long-term relationship. The operational unit of Austrian Development Cooperation will allocate 2.1 million euros until the end of 2029, aiming to continuously strengthen public external audits by SAIs.
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“Supreme Audit Institutions are a cornerstone of each country’s government. They promote transparency and accountability, good governance, improved service delivery and they fight corruption. In this sense, they increase equality and drive sustainable development forward. Our renewed funding supports IDI’s Strategic Plan 2024-2029, building on previous achievements and responding to challenges faced by SAIs in developing countries. We are proud to raise our partnership with IDI, which formally started in 2010, to the next level”, emphasises ADA’s Managing Director, Friedrich Stift. |
IDI’s support to SAIs’ internal governance and audit work aligns with a number of priorities of Austrian Development Cooperation, such as strengthening transparency and accountability, as well as promoting gender equality and inclusion.
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“ADA has been a strong and important partner for us over the years. We are proud to have ADA’s continuous trust, which helps us to provide predictable and long-term support for SAIs. In a time of multiple crises, independent, credible and sustainable SAIs are more important than ever”, emphasises Einar Gørrissen, Director General of IDI. |
IDI and ADA will continue their long-term partnership that started formally in 2010. ADA’s contribution will help to sustainably enhance SAI performance and capacities in developing countries around the world, including the focal countries of the Austrian Development Cooperation.