(MENAFN- Kuwait News Agency (KUNA)) GENEVA, Nov 13 (KUNA) -- The head of Bureau of Financial Controllers (BFC) Nada Al-Sahli affirmed on Thursday Kuwait's firm vision that financial control in today's world goes beyond verifying compliance with standards or tracking expenditures, but also includes managing public resources.
Delivering a speech during a meeting of United Nations Conference on Trade and Development (UNCTAD) experts, Al-Sahli added the aim of this is to really benefit citizens and maintain environment and contributes to achieving Sustainable Development Goals (SDGs).
She noted that the BFC's launch of a national initiative on boosting financial control in public sector to achieve sustainable development goals embodies an inclusive vision and backs integration between wise management and sustainable development.
The initiative is based on three pillars like integrating the indicators of institutional, social and environmental governance as part of public audit processes to ensure social and environmental performance, she noted.
It also aims to empower cadres and enhance professional rehabilitation through training financial controllers on assessing projects and programs in line with SDGs, she said.
Al-Sahli stressed that these efforts contribute to boosting national regulatory system and raising efficiency to respond to sustainable development challenges to achieve Kuwait Vision 2035.
Kuwait has been keen on bolstering cooperation with international organizations mainly UNCTAD and sharing international expertise, she concluded. (end)
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