The Office of the Auditor General of Somalia has signed a Memorandum of Understanding (MoU) with the Egyptian Accountability Authority, following a consultative meeting during the 23rd International Congress of Supreme Audit Institutions INCOSAI XXIII held in Sharm El-Sheikh.
The agreement aims to strengthen cooperation between Somalia and Egypt, particularly in improving the quality of audits and establishing joint strategies to fight corruption. Under the MoU, both institutions will share technical expertise, exchange experiences in auditing government institutions, and align their procedures with international standards.
Officials said the partnership will help Somalia adopt modern auditing techniques and improve institutional capacity, promoting transparency, accountability, and good governance across public institutions. The collaboration is also part of Somalia’s broader strategy to expand engagement with supreme audit institutions globally, with a focus on regional partners, including Arab countries.
“This MoU represents an important milestone in reinforcing accountability and transparency in Somalia’s public sector, while benefiting from regional and international best practices,” said a senior official from Somalia’s Auditor General’s office.
The MoU provides a framework for ongoing professional collaboration, including joint training initiatives, development of audit guidelines, and the exchange of technical knowledge. Both offices aim to enhance financial oversight, improve the quality of audits, and strengthen mechanisms to prevent misuse of public resources.
By signing the agreement, Somalia underscores its commitment to strengthening governance, enhancing institutional capacity, and promoting transparency and accountability across all government sectors. Officials highlighted that such partnerships are crucial for tackling financial mismanagement and corruption, while fostering regional and international cooperation among supreme audit institutions.
The collaboration with Egypt is also seen as a step toward adopting global standards in auditing and financial oversight, and is expected to set a benchmark for future partnerships aimed at promoting good governance and professional development within Somalia’s public sector.
