Manama, Assigned by His Majesty King Hamad bin Isa Al Khalifa, Shaikh Khalid bin Ahmed Al Khalifa, the Minister of the Royal Court, received the audited financial statements of the National Audit Office (NAO) for the fiscal year ending December 31, 2023, from Shaikh Ahmed bin Mohammed Al Khalifa, the Auditor General of the NAO. The Minister of the Royal Court relayed His Majesty the King's appreciation to the staff of the NAO for their hard work in meeting the Office's objectives. Shaikh Khalid bin Ahmed emphasised the important role played by the NAO as one of the results of the reforms led by His Majesty the King', noting its role in protecting public funds, safeguarding Bahrain's assets, and ensuring the highest levels of productivity, efficiency, and optimal utilisation of resources. The minister praised the efforts and professionalism of the staff of the NAO, the tasks and work they perform, and the reports they prepare. The Auditor General noted that the Office's development since its establishment and its ability to fulfill its mandate is attributed to the continuous support and guidance provided by His Majesty King Hamad bin Isa Al Khalifa, with the follow-up of His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister. He said that the NAO's financial statements reinforce the vision of the NAO as an independent oversight body that operates with transparency, quality, and high professionalism through its adoption of the best and latest professional standards and practices at the global level, along with continuous training courses for its employees. Shaikh Ahmed bin Ahmed highlighted the positive approach adopted by the NAO in preparing reports and executing missions. He emphasised the importance of enhancing partnerships and cooperation with all entities under the Office's oversight to assist them in improving performance according to international standards. He highlighted the continuous plans, programmes and initiatives implemented by the National Audit Office t o improve its operations and increase efficiency. These initiatives focus on training and developing national talent, promoting digital and technological transformation, and enhancing the legal framework. Source: Bahrain News Agency
Related Articles
Advisory Board of GCC Supreme Council Convenes in Muscat for Key Discussions
Muscat: The Advisory Board of the GCC Supreme Council convened its fourth meeting of the twenty-eighth session at its headquarters in Muscat. The board approved the draft agenda and endorsed the draft minutes from the third meeting of the current sess…
With Royal Blessings, Four Awards Bearing Name of HM the Sultan Unveiled
Muscat: With the Royal blessings of His Majesty Sultan Haitham bin Tarik, the Diwan of Royal Court announced four major awards, namely His Majesty the Sultan’s Culture and Social Award, His Majesty the Sultan’s Award for Research and Innovation, His M…
Development Bank Portfolio Garners 509 Education Loans
Muscat: The number of education loans in the Development Bank’s portfolio until the end of 2024 stood at 509 loans worth RO 18.8 million. The portfolio, aimed to serve all governorates of the Sultanate of Oman, reflects the bank’s efforts to support p…
