The Joint Plenary Sitting commended positive changes observed in the management of public funds and state assets following Auditor General Kamuhire Alexis’s presentation of the annual audit report for the year ended June 30, 2024, highlighting significant strides in public financial management.
The report revealed that public entities that obtained unqualified audit opinions on their financial statements increased to 94% in 2024 from 92% in 2023. The number of entities that obtained an unqualified audit opinion on compliance with laws and regulations increased to 75% from 69%. On realisation of value for money, public entities that received an unqualified opinion increased to 66% in 2024 from 59% in 2023, underscoring the nation’s commitment to transparency and accountability.
“ We audited 239 public entities and issued 242 financial audit reports, and 243 compliance audit reports compared to 222 financial audit reports and 220 compliance audit reports issued last year. In addition, we carried out 18 performance audits focusing on the areas of national interest in different sectors, 7 information systems (IS) audits, and 10 special audits requested by stakeholders.” Stated Kamuhire.
The report also noted a 60% reduction in unlawful expenditures compared to the previous year, decreasing from Rwf 6.45 billion to Rwf 2.57 billion. This decline reflects the effectiveness of strengthened internal controls and adherence to financial regulations across government institutions.
Furthermore, the Auditor General emphasised the importance of Chief Budget Managers in implementing robust internal controls to prevent financial irregularities and safeguard public funds effectively.
Members of Parliament acknowledged the notable improvements in financial accountability and governance. However, they emphasised the need for responsible institutions to uphold the principle of effective use of state assets and to strictly implement the audit recommendations.
The report will be submitted to the relevant Standing Committees of each Chamber for detailed analysis and follow-up actions. (End)