An MoU signed by India and Saudi Arabia to enhance bilateral cooperation in public sector audit in Riyadh on 30 August.
Shri Girish Chandra Murmu, the Comptroller and Auditor General of India, and Dr. Hussam Al-Angari, President of the Saudi General Court of Audit, signed the agreement.
The objective of the MoU is to promote cooperation and facilitate exchange of expertise between the two countries in the field of public sector audit.
Under this, key areas of cooperation include conducting joint training programs on financial, performance and compliance audit, as well as exchange of audit manuals and methodologies.
The signing of this Agreement is expected to further strengthen the already close working relationship between the Comptroller and Auditor General of India and the Saudi General Court of Audit.
This development is significant because Saudi Arabia is preparing to take over the chairmanship of the Association of Asian Supreme Audit Institutions (ASOSAI) from India next year.
