Summary

SAI Kyrgyzstan conducted a compliance audit of the budget execution by the Antimonopoly Regulation Service for the period of 2020–2024. The audit identified the following violations: - resources from the Development and Material Support Fund were primarily used for employee incentives and social payments instead of strengthening the facilities; - violations of accounting and internal control requirements; - inefficient use of budget funds for renting premises in the regions amounting to over 19 thousand USD. Following the audit, the SAI issued recommendations to the Service to address the identified violations of financial and antimonopoly legislation and emphasized the need to improve the efficiency of budgetary funds use and enhance financial discipline.