Gov’t Financial Report: Public Enterprises, Local Government Missing

By Landing Colley

The government financial report for 2018 doesn’t contained public enterprises and local government, but the minister of finance Mambury Njie told parliament: “It is very clear that the auditor general is mandated to delegate that responsibility but the reality is that this report that I laid those not contains the information that is said on all enterprises.”

“I think after this I can meet with the auditor general and see what happen but he have the mandate to outsource it and over the years the national assembly that has been pushing for us to speed up and we have close the gap saying that the auditor general and accountant general must be commented for a lot of work that they have doing,” he added.

He continued: “there is a strong drive for government to adopt international best practice thus, the government of the Gambia adopted international public sector accounting Standard as a basis for preparing each financial statement. The adoption of international public sector accounting Standard is a necessary element in strengthening the government framework and enhancing transparency.”

According to him, government taken necessary measures to address the issues rising from the office of the audit of financial statement of the year ended 31 December 2018, adding there has been considerable improvement in timely preparation in auditing government financial statement in the recent years and government financial statement has been audited up the year 2018. The auditing of 2019 government financial year statement is currently ongoing.

He said this effectively eliminates bad luck in the preparation and audit of consolidated financial statement year citing that they will continue to straighten on the report of government financial statement.

“Electronic fund transfer (EFT) has been implemented and this facilitates the direct payment of benefits through their bank accounts as well as improving government payment system, he said.