Edgars Korčagins, Auditor General of the Republic of Latvia, visited the Senate of the Oliy Majlis of the Republic of Uzbekistan.

Issues of expanding bilateral cooperation in public audit, introducing advanced audit approaches, and developing information-oriented management practices were discussed during the meeting with the Chairperson of the Senate of the Oliy Majlis, Tanzila Narbayeva.

It was noted that the cooperation agreement signed between the Accounts Chamber of the Republic of Uzbekistan and the State Audit Office of the Republic of Latvia is yielding practical results, including the intensification of joint training workshops and the exchange of experience.

It was also emphasized that the State Audit Office of the Republic of Latvia and the Accounts Chamber of the Republic of Uzbekistan closely cooperate with the Parliament, regularly submit reports, and participate in meetings of relevant committees.

Edgars Korčagins, presenting information on modern auditing practices in Latvia, noted that the country focuses on efficiency and compliance audits, and the need for financial audits has decreased due to a stable management system. The experience of using the recommendations of the State Audit Office in the budget process in Latvia was presented. In particular, it was noted that special information is prepared annually on recommendations to increase budget revenues or reduce expenditures, and that the Government and Parliament use it in decision-making.

The Latvian side highly appreciated the ongoing reforms in Uzbekistan aimed at improving strategic management, monitoring, and evaluation systems. It was emphasized that the transition to data-based governance is an essential step towards improving the efficiency of public administration.

Prospects for cooperation in analyzing the results of government programs and integrating information systems were also discussed at the meeting.

Following the meeting, an agreement was reached on the exchange of experience in the fields of performance audit, risk assessment, and interaction with internal auditors.

Norgul Abduraimova, UzA