Auditing local governance

According to the National Audit Office, almost half of Malta's local councils did not provide fiscal receipts to cover expenditure of almost €400,000 during 2014. To put things into perspective, about €39,500,000 were allocated to local councils for 2016. The same yearly report shows that certain local councils lack updated financial records, exceed budgetary allocations under certain categories and have shortcomings in certain procurement practices. The NAO also highlights the lack of audited financial statements of Malta's nine regional committees. As an independent State institution, the... This article is part of our premium content. Full story is available on Times of Malta Premium.

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