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Seventh SC Meeting France 2014

The 7th Steering Committee Meeting of the INTOSAI-Donor Cooperation was hosted by the Premier President of the French Court of Accounts, Mr Didier Migaud, on the 16 and 17 September 2014 in Paris, France. In total 70 INTOSAI and donor representatives attended the meeting, which took stock of the achievements of the Cooperation since the 6th Steering Committee meeting in Beijing in 2013.

The meeting saw the launch of the SAI Capacity Development Fund, a multi-donor trust fund managed by the World Bank. The first contribution to the fund, of 5.6 million USD, has been provided by Switzerland, and the Funding Board announced support for two capacity development projects, for Supreme Audit Institutions in Gabon and Georgia.

During the meeting, the Organization for Economic Cooperation and Development (OECD) became the 22nd donor signatory to the Memorandum of Understanding between INTOSAI and the donor community. The meeting also noted a sizeable increase in external financing to Supreme Audit Institutions, from $54 million on average during 2011-13 to $62 million in 2012-2014. This demonstrates that the INTOSAI-Donor Cooperation is delivering on its ambition to significantly increase the external financial support to Supreme Audit Institutions.