Khartoum, (Nabaa Sudan) – State Minister of Finance, Mohamed Nour Abdel-Daim, stressed the importance of proceeding with the implementation of the first phase of International Accounting Standards in Sudan, as part of the country's public financial management reform and financial systems development programme.
Speaking at an awareness workshop for the entities targeted in the first phase of implementation, he said Sudan is working with international partners to reform financial systems and develop standards. He commended the support provided by the United Nations Development Programme (UNDP) for development programmes at the Ministry of Finance.
He noted that the project to transition to International Accounting Standards, initiated by the National Audit Chamber, would contribute to enhancing transparency, encouraging investment, improving public expenditure management, and monitoring potential liabilities and risks.
He affirmed that the project would support more efficient public financial management, strengthen integrity and combat corruption, stressing the importance of benefiting from international experiences in this field.
#Sudan#Nabaa_Sudan#Nabaa
