Metical firm against the US dollar and the Euro
No fewer than 250 delegates, among them members of parliaments, public accounts committees (PACs) from 14 Southern African Development Community (SADC) countries are expected in Maputo for the 13th Annual General conference.The SADC Organization of Public Accounts Committees (SADCOPAC) conference, takes take place from Monday 9 September to 14 under the theme “Inspection to Ensure Transparency and Control of Public Finance Management”.
A statement by its organizers on Sunday said the conference aims to share experiences to make parliamentary financial oversight more effective.
During the meeting the PACs will review their roles and effectiveness with auditors, accountants general as well as representatives of the World Bank and other institutions taking part.
PACs will review their roles and effectiveness in their respective countries.
There will be a lecture on the role of the plan and budget committees to effectively supervise national budgets, foreign aid and public debt.
SADCOPAC is an autonomous and independent organization created to promote the exchange of ideas and experiences between committees of public accounts on the audit function in the region.
The fifteen SADC member states are, Angola, Botswana, Democratic Republic of Congo, Lesotho, Madagascar ,Malawi, Mauritius Mozambique, Namibia, Seychelles, South Africa, Swaziland, Tanzania, Zambia and