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State Audit Office of Latvia signs new agreement with IDI to support Supreme Audit Institutions in developing countries

25/03/2024

The State Audit Office (SAO) of the Republic of Latvia reaffirmed its commitment to helping Supreme Audit Institutions (SAIs) by signing a new agreement with the INTOSAI Development Initiative (IDI).

In recent years, the SAO has contributed to IDI in various ways, including through funding for IDI’s bilateral work in the African region. The SAO engagement helped a number of SAIs to strengthen their governance and audit work.

“We have seen excellent results in IDI’s support of Supreme Audit Institutions around the world and we are happy to continue our annual funding over the coming years,” says Edgars Korcagins, Auditor General of the State Audit Office of Latvia.

IDI will use the new funding to continue supporting SAIs in sustainably enhancing their performance and capacities, focusing on the new three strategic priorities of digitalisation, sustainability and public trust in SAIs.

“I am thrilled about this renewed agreement with the SAO. In the past the SAO contributed both financially and through its expertise. It is great to see a continuation of this engagement, confirming our long-lasting and trusted partnership,” states Einar Gørrissen, Director General of IDI.

Going forward, the SAO will fund initiatives across IDI’s new Strategic Plan 2024-2029.

 

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