“Public institutions have tangible possibilities to more efficiently use investment funds,“ states the Auditor General Rasa Budbergytė summing up public audit on the use of State Investment Programme funds. “First of all, it is essential to have stricter selection of investment projects: this would allow to allocate funds to those projects, which may yield biggest economic benefit and enhance State assets”. Read more

“Putting into operation an information system developed by the Centre of Registers aimed at facilitating real estate contracts was behind time and defective,“ stated Auditor General Rasa Budbergytė summing up results of the conducted audit. Due to various shortcomings in notary offices, Public Electronic Service for Real Property Transactions (NETSVEP) was put into operation two-and-a-half years after its development. Amost half of potential users are still not using the service. Read more

“Discussions, which took place in the National Audit Office for the first time and were aimed at drafting performance audit programme for the following year were successful, as well as useful to public auditors,“ says Auditor General Rasa Budbergytė assessing cycle of discussions, which took place the previous week: “Competitive Economy: Are We Following the Right Way?“. Ms Budbergytė underlined that the following year public auditors will pay a lot of attention to the analysis of competitiveness of Lithuania‘s economy, therefore thoughts expressed in discussions will be useful when formulating specific performance audit topics and directions. “We are grateful to all those who participated in the discussions, made interesting presentations, as well as shared knowledge with our auditors,“ said the Auditor General. Read more