Finance Division launches internal audit unit to bolster financial governance

FE REPORT
The Finance Division has established an independent 'internal audit unit' to mitigate financial risks and ensure better management in government institutions, with operations set to commence next week.
Finance Secretary Dr. Md. Khairuzzaman Mozumder made the announcement on Friday while addressing a stakeholder consultation workshop titled "Internal auditing journey in the public sector" in Manikganj, says a statement.
He said that financial management was not solely the responsibility of the Ministry of Finance but a collective duty of all government spending entities.
To implement this, internal auditing was being piloted in five high-expenditure departments including the Directorate of Primary Education, Roads and Highways Department, Public Works Department, Local Government Engineering Department and Directorate General of Health Services.
Dr. Mozumder said the pilot initiative was aimed to improve financial transparency and accountability, with plans to expand it across other government entities over time.
The workshop's inaugural session was chaired by Shirajun Noor Chowdhury, Additional Secretary of Budget and Expenditure Management at the Finance Division.
Special guests were Dr. Md. Abdul Hakim, Director General of the Directorate of Primary Education; Syed Moinul Hasan, Chief Engineer of the Roads and Highways Department; and Md. Shafiqul Islam, Additional Chief Engineer of the Public Works Department.
Bilquis Jahan Rimi, Additional Secretary (Budget-1), delivered the welcome speech, while Munshi Abdul Ahad, Additional Secretary of the Finance Division, gave the vote of thanks.
The initiative marks a significant step towards strengthening financial governance and ensuring transparency across Bangladesh's public sector.
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