Negative effects of distributed administration competencies in connection with repayable financial assistance
From October 2008 to July 2009, auditors from the Supreme Audit Office (SAO) performed an audit that focused on the administration of repayable financial assistance (RFA) by Ministry of Industry and Trade and the Ministry of Agriculture. Auditors also scrutinized proceedings of the revenue authorities that administered the payments from the RFA recipients, which violated the budgetary discipline within the period from 2000 to 2007. Auditors concluded…