Sunday, 10 August 2008

Bhutan : Netherlands Fellowship Programme commits Nu. 30 million to RAA

August 9: The Netherlands Fellowship Programme is committing Nu. 30 million for capacity development of the Royal Audit Authority (RAA).

The agreement to the three year bilateral project was signed by Auditor General Ugyen Chhewang, in the presence of Ms Anne-Marie Schreven, the Honorary Consul of the Netherlands in Bhutan.

Through this multi-year agreement programme around 50 auditors will be trained in accounting, auditing, financial and quality management fields through long term and short term courses.

The Auditor General Ugyen Chhewang described the signing of the agreement as timely. He said the Royal Audit Authority is in greater need of capacity development.

Ugyen Chhewang said the assistance will help the Royal Audit Authority in rendering the audits more efficiently and responsively. This he said is required with the changing needs of the society and transformation in the government as well as technological and scientific advancements.

Ms Anne- Marie said the singing of the agreement is an example of growing friendship between Bhutan and Netherlands.

This is the second and last multi year agreement approved for Bhutan under the Netherlands Fellowship programme.

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