Strengthening the capacity of SAIs of Low Income Countries in East Asia and the Pacific through Peer Learning from China National Audit Office (CNAO)

This project aimed to strengthen the capacity of SAIs of Low Income Countries in EAP through Peer Learning from China National Audit Office (CNAO). South-South co-operation between China and Mongolia and Lao PDR.
 
Mongolian National Audit Office (MNAO) is the only one that is authorized to audit their government treasury system. A couple years ago, the Bank arranged for a couple China National Audit Office (CNAO) experts to provide some training to MNAO auditors. The feedback was extremely positive and the Bank continues to receive several requests from MNAO and Mongolia Ministry of Finance to continue this training. Strengthening the capacity of MNAO is also being highlighted in Mongolias 2012-2016 Country Partnership Strategy that is currently being drafted.
 
The State Audit Organization (SAO) of Lao PDR has prepared a 10 year Capacity Development Action Plan. The SAO specifically requested the Bank to investigate whether any other SAIs would be able to provide assistance in improving their financial auditing approach/methodology to some sectors and the South-South
exchange is one of the options to address these needs.
 
CNAOs experience is very attractive to the developing countries. CNAO is able to provide peer learning and share their developmental experience from a LIC to a MIC.