IDI/PASAI 5th Cooperative Performance audit – Public Debt

This Cooperative Performance Audit on Public Debt Management involved SAIs from eight Pacific Island Countries and Territories who conducted individual audits on Public Debt Management within their jurisdictions. These SAIs were: Cook Islands; Fiji; Federated States of Micronesia – National; Federated States of Micronesia — Kosrae; the Federated States of Micronesia — Pohnpei; Guam; and the Republic of the Marshall Islands and Samoa. Objectives of the regional cooperative audit The key objectives of this cooperative performance audit were to: build performance audit capacity within individual SAIs; promote improvements in the effectiveness, efficiency and economy of public administration in relation to public debt management; and encourage the audit to be ISSAI-compliant. A regional report synthesizes the findings from the eight individual audits and identifies common findings in the management of public debt in the Pacific. Other jurisdictions may learn from both the individual audit reports as well as from the related regional report. The outcomes of this report will also be shared with the INTOSAI Regional Working Committee on Public Debt.