Public Accounts Committee

Public Accounts Committee's 06th meeting for the year 2022

17 May 2022 Number 6

Summary

In today's committee , information of $100 Million loan facility provided by CFSIT , $10 Million Murabaha financing facility provided by Islamic corporation for the development of the private sector to Bank of Maldives and report of Auditor General's Office fourth quarter was shared with committee members. Then, the committee chair decided to reschedule the Auditor General's Office letter along with the list of office failed to submit 2021 Annual report in compliance with Public Finance Act to the next meeting. Last, the committee formed a sub-committee of three members to review the whitepaper by Anti-Corruption Commission regarding the integrity of the system of awarding damages for loss incurred in the government projects.

Works

12 May 2022

Paperworks related to Murabaha financing Facility provided by ICD to BML

Completed

24 Apr 2022

AGO 2021 Quarterly report Q4

Completed

14 Apr 2022

AGO letter re: List of offices failed to submit 2021 Annual report in compliance with the Public Finance Act

Ongoing

07 Apr 2022

Paperworks related to $100m Loan Facility provided by CFSIT

Completed

05 Sep 2021

White Paper - The integrity of the system of awarding damages for loss incurred in the government projects

Ongoing

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