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SAI Zambia conducted a performance audit of the National Road Fund Agency (NRFA) in managing the Road Fund and maintaining the Core Road Network. The audit coverage period was from January 2020 to December 2022. Auditors noted inefficiencies in the management of the Road Fund: lack of transparency regarding the linkage between the sources of funds and their designated use; spending of road user charges on debt servicing; the value of signed contracts exceeding the total available funds. SAI also found that the NRFA, implementing agencies and other stakeholders did not consider road maintenance as a priority but treated it as an afterthought. This manifested in inadequate funding; disproportionate growth in toll fees collection and road maintenance allocations; and focus on road construction and upgrading. SAI made a number of recommendations, including revising the toll road legislation, conducting additional road classification, involving local contractors in the road sector, organizing annual road condition surveys, and ensuring proper collaboration between implementing agencies and local authorities.
Published
15 September 2025

SAI Thailand audited the perfromance of the Ministry of Agriculture and Cooperatives in implementing the land reform. The aim of the reform is to redistribute land in favor of landless farmers so that they could develop agriculture and build housing within the boundaries of the allocated land. SAI found that the reform's goal had not been achieved. The auditors revealed that the ownership for plots within the boundaries of the land reform was granted to the former owners or their heirs. SAI selectively checked the lands allocated from state ownership and found that from 2017 to 2023, only 48 plots were provided to the farmers in six provinces. Ownership rights were terminated for 682 plots that fell within the land reform area, but not a single eligible farmer received a plot there. SAI recommended considering the possibility of providing farmers who do not have land with the opportunity to independently search for plots. The auditors also recommended reviewing the process of purchasing private land and explaining to the owners of such plots the essence of the land reform and the pocedures for redistributing their land.
Published
10 September 2025
SAI Kazakhstan audited the efficiency of spending budget funds in the sphere of science. The auditors drew attention to the need to intensify the applied use of scientific developments and their adaptation to the needs of the real sector of the economy. It is also noted that there is a lack of proper interaction between the Science Committee and industry government agencies, which creates risks for the high-quality implementation of scientific developments. In addition, monitoring of scientific projects was carried out without sufficient efficiency. Thus, projects with comments or recommendations for revision were approved for further financing. In total, the results of the state audit revealed financial violations in the amount of more than 3.1 million US dollars, ineffective planning of funds was estimated at 44.8 million US dollars, ineffective use - at 78.3 million US dollars. The SAI recommends further improvement in such areas as strategic planning, the activities of key institutions and regulatory regulation of the industry.
Published
03 September 2025
SAI Moldova conducted an audit of the processes of registration, valuation and taxation of real estate. The auditors came to the conclusion that in 2024, some activities and procedures carried out by the responsible authorities did not comply with the current regulatory framework. This had a negative impact on both the tax base and the revenues of local budgets. The main shortcomings include: insufficient accuracy of data in the real estate register due to the lack of complete cadastral documentation during initial registration; problems in the valuation of real estate objects due to the lack of valuation models and value zones, as well as the lack of the necessary technical and institutional infrastructure; incorrect application of rates and untimely updating of data. SAI recommended that local authorities ensure a transparent, fair and uniform process of registration, valuation and taxation of real estate.
Published
03 September 2025

According to estimates by the United Nations Conference on Trade and Development (UNCTAD), global foreign direct investment (FDI) volumes declined by 11% in 2023–2024, reaching USD 1.5 trillion. Worsening economic forecasts, rising trade barriers, and increasing geopolitical tensions are the main factors affecting investor sentiment. The lowest figures were recorded in Europe (-58%) and in Latin America and the Caribbean (-12%). In contrast, FDI inflows to Africa reached record levels (+75%). The top destinations for foreign investment were the United States (USD 279 billion), Singapore (USD 143 billion), and Hong Kong (USD 126 billion). The main sources of outbound investment were the United States (USD 266 billion), Japan (USD 204 billion), and China (USD 163 billion). Among the most rapidly growing sectors is the digital economy, which saw a 14% increase in FDI. However, investment flows remain highly concentrated, with over 80% of projects located in just 10 countries. UNCTAD calls for coordinated international efforts to address financial imbalances, emphasizing the role of multilateral development banks and public-private partnerships in mobilizing capital and reducing risks.
Published
21 August 2025
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