THE Commission on Audit (COA), the Supreme Audit Institution (SAI) of the Philippines, led the 2025 Annual Meeting of the International Organization of Supreme Audit Institutions (INTOSAI) Working Group on Public Debt (WGPD) held in Bucharest, Romania, recently.
COA Chairperson Gamaliel Cordoba presided over the hybrid meeting, which focused on the theme “Global Trends in Public Debt Management Practices and the Role of SAIs.”
This year, the group aims to foster collaboration and knowledge sharing among SAIs and partner stakeholders while highlighting best practices and initiatives that enhance public debt management.
Hosted by the Romanian Court of Accounts, the event drew officials and experts from the SAIs of Qatar, North Macedonia, Lithuania, Kuwait, Pakistan, China, Thailand, Austria, Brazil, Türkiye, Egypt, Georgia, Portugal, Zambia, India, Kenya, Moldova, Seychelles, Jordan, Argentina, Ukraine, USGAO, and the Philippines as well as guests from governments of the Philippines and Romania and experts from the International Monetary Fund.
Cordoba, as chairperson of the INTOSAI WGPD, emphasized the contributions of SAIs in enhancing transparency, accountability, and protection of the public interest.