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7 Jun 2016

Lukashenko: Audit institutions can play key role in CIS development

MINSK, 7 June (BelTA) - Audit institutions can play one of the key roles in the development of the CIS and the harmonization of relations between various countries, Belarus President said at the meeting with heads of delegations partaking in the 16th session of the CIS Council of Heads of Supreme Audit Institutions on 7 June, BelTA has learned.

The head of state stressed that the regulation of monetary and securities’ movement, the use of other assets in a vast part of the Eurasian continent is a guarantor of stability and economic security in our countries.

According to Alexander Lukashenko only tough state control over financial flows and strict observation of legal regulations in this sector can guarantee productive development. “It is needed to step up efforts to prevent mismanagement, inefficient use of budget funds, capital outflow, illegal foreign currency operations, and other negative phenomena,” the President of Belarus said.

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