OECS Authority approves audit committee

The 65th Meeting of the Organisation of Easter Caribbean States (OECS) Authority endorsed the implementation of an audit committee, established by the OECS Commission, to provide unbiased and objective oversight to stakeholders – a requirement for many development partners to gain funding, such as the European Union and the Green Climate Fund.

The terms of reference for the new initiative were signed by incoming chairman of the OECS Authority, Dr Ralph Gonsalves, on June 19, 2018 in Saint Lucia. Gonsalves noted with earnest the importance of such a committee to the organisational apparatus of the OECS.

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