Commitment
Strengthen Reporting Mechanism and Disclosure of Audited Financial Reports to Both Authorities and General Public
Source
SAP
Reference
Subsection 5.4, Policy 6, Strategy 6.1, Action 6.1b
Date Updated
Jul 22, 2023
0
Not Realized
Mechanism for Realization
Public disclosure mechanism for political party audit reports to developed and implemented..
Budget
N/A
20%
Realization
Yearly Press Releases from Elections Commission on submission status of political party audit reports

The Government’s Strategic Action Plan (SAP) 2019 – 2023 provides a detailed development agenda across five priority areas for the administration. Each priority area includes several targets, strategies, and actions, in addition to a timeline and a list of implementing agencies.

Priority area 5.4: Accountable State follows the premise of Article 4 of the Constitution, which affirms that all powers of the State of the Maldives are derived from, and remain with, the citizens. The government has reiterated that State actors need to be accountable and answerable to the public. Strategy 6.1: Strengthen and increase transparency of Political party financing.

Action 6.1b: Strengthen reporting mechanism and disclosure of audited Financial Reports to both authorities and general public

The Lead Implementer for this action is Elections Commission

According to Elections Commission;

  • It is mandatory to submit an audit report by each political party to
    ECM annually. Audit reports are required as part of giving funds to the parties. These reports are then forwarded to Audit Office for further reviewing. However, there is no mechanism yet to disclose these reports to the public
  • Currently Auditor general office is drafting guidelines on how political parties should maintain financials. The draft has been shared with ECM and soon will be sent to parties for comments before enforcement.

The status of this action has been updated based on the response of Elections Commission to a RTI Request submitted by Transparency Maldives

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