Tuesday, May 7, 2024

Sharp eyes on Govt finances

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Government is planning to increase training and recruit more internal auditors as it introduces a rigorous independent oversight of financial management in the public sector.

Minister in the Ministry of Finance Ryan Straughn says he hopes the effort will improve operational efficiency and reduce the “salacious” issues frequently flagged by the Auditor General.

Straughn said while the new Internal Audit Office in the Ministry of Finance would not be fully implemented until September 2021, steps were already being taken to improve Government’s internal operations.

He was speaking yesterday at the Institute of Internal Auditors Barbados Chapter’s 20th anniversary celebrations and seminar at Radisson Aquatica Resort. (SC)

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