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By Libya Herald staff.
Tripoli, 19 July 2014:
In response to the Libyan Audit Bureau’s . . .[restrict]request for comments on its five-year Strategic plan, US-Libya Business Association (USLBA) has sent a submission to Audit Bureau President Khaled Ahmed Shakshak.
Recognising the shared goals of the Audit Bureau and the USBLA of “promoting the responsible use of Libya’s resources, integrating Libya into the rule-based global trading system, and attracting world class technology and investment to Libya”, Executive Director Chuck Dittrich praised the Audit Bureau’s commitment to transparency and openness displayed by asking for input.
Dittrich’s first recommendation was that the Audit Bureau fully use the training and contracting opportunities offered by international organisations and companies for capacity building within its workforce. The Audit Bureau could benefit from training by organisations such as the Organisation for Economic Cooperation and Development (OECD), the European Bank for Reconstruction and Development (EBRD) and the World Bank as well as private sector consulting companies, he said.
Dittrich also recommended that the Audit Bureau integrate into its strategic plan steps to adopt aspects of successful public procurement oversight from other countries. As it sought to promote the responsible use of Libya’s resources and to prevent waste, graft and fraud, the Audit Bureau should look at models for accomplishing these goals from nations around the world, he said.
The USLBA is the only member-based US trade association focusing solely on the United States and Libya. It was incorporated in 2005 as a result of the resumption of US-Libya diplomatic and commercial relations, to enhance the US-Libya relationship, educate the public about the importance of US-Libya trade and investment, and facilitate commercial and diplomatic dialogue between the two countries. [/restrict]
