The United Nations Industrial Development Organization (UNIDO), a specialized agency of the United Nations, appointed the Philippine Commission on Audit (COA) as its External Auditor for the period 1 July 2018 to 30 June 2020.
UNIDO is the specialized agency of the United Nations that promotes industrial development for poverty reduction, inclusive globalization and environmental sustainability.
“We are honored by the trust and confidence that the General Conference of the UNIDO has placed on the audit expertise and integrity of the Commission and its people. We pledge to perform our tasks with the highest degree of professionalism,” COA Chairperson Michael G. Aguinaldo said.
“Rest assured we will work together for the effective performance of UNIDO’s mandate as well as in achieving its strategic priorities of creating shared prosperity, advancing economic competitiveness, safeguarding the environment, and strengthening knowledge and institutions,” he added.
COA’s appointment was approved by the UNIDO General Conference (GC) during its Seventeenth Session held at Vienna, Austria from 27 November to 1 December 2017. The GC is UNIDO’s supreme policymaking organ where all Member States meet once every two years. It determines the guiding principles and policies of the Organization, approves the budget and work programme of UNIDO.
The Seventeenth Session of the GC closed with a renewed focus on the importance of partnerships to meet the goals of the 2030 Agenda for Sustainable Development.