118
ALRAQABA . ISSUE 15
Audit Institutions
Organizations and
SAB Participates in the Annual Meeting of
INTOSAI Working Group on Public Debt (WGPD)
The State Audit Bureau of Kuwait (SAB)
participated in the annual meeting of INTOSAI
Working Group on Public Debt (WGPD), entitled
“Public Debt Audit during Crises (Coronavirus
Pandemic): presenting the experiences of other
SAIs”. The meeting took place on May 19 – 20,
2021, with the participation of 38 SAIs.
During the meeting, SAB was represented
by Reem Al-Saif, Assistant Auditor at the
Oil Entities Marketing and Investment
Audit Department, and Dena Al-Abdulhadi,
Assistant Auditor at the Supplementary
Bodies of Investment and Service Affairs Audit
Department.
The meeting aimed to introduce the participants
to the experience of the WGPD member SAIs
with respect to auditing public debts amid
the current circumstances of the COVID-19
pandemic in order to be drawn upon. It
was also targeted towards strengthening
engagement and cooperation among the
participating SAIs.
The WGPD meeting included discussions about
public debt management, transparency, the
impact of the pandemic, the public debt scene
from the perspective of stakeholders, and debt
transparency. That, in addition to the ideas of
IDI on how to practice audit and control during
the pandemic.
Furthermore, the meeting discussed the scene
of public debt from the perspective of auditors
and practicing audit work from home and office
during the pandemic, as well as following
up on the audit work of the Public Debt
Department in Georgia.
The meeting also reviewed several reports,
including the report of the WGPD Chair
regarding tasks accomplishments; the
International Monetary Fund (IMF) presentation
on public debt management, transparency,
and the impact of Coronavirus pandemic;
the United Nations Conference on Trade and
Development (UNCTAD) presentation on
the public debt scene from the perspective
of stakeholders; and the World Bank (WB)
presentation on debt transparency.
Seven WGPD member SAIs have given
presentations on the experience of public
debt audit under the current circumstances
of the COVID-19 pandemic and on working
from home (teleworking). These SAIs were
SAI India, SAI Indonesia, SAI Georgia, SAI
Finland, SAI Portugal, SAI Argentina and SAI
Brazil. In addition, representatives from IMF,
UNCTAD, WB and IDI made presentations,
which discussed public debt management,
transparency, and the public debt scene amid
the pandemic.
