Media Team | Wednesday, September 11, 2024 | Victoria Falls, Zimbabwe
The ongoing SADCOPAC Conference, which brings together Public Accounts Committees from the Southern African Development Community, has seen parliamentarians actively participating in fruitful commission sessions, where they are sharing insights, experiences, and addressing significant challenges that impact their nations.
Today’s discussions at the SADCOPAC conference, a gathering of regional Public Accounts Committees alongside industry experts, focused on critical topics that are essential for the advancement of society.
The commissions tackled urgent issues, including the enhancement of sustainable development through effective domestic resource mobilization and the necessity for accountability and transparency in the management of public finances.
A particularly noteworthy aspect of the conference was the examination of Artificial Intelligence (AI) and its role in public finance management, where participants assessed its implications and potential uses within the public sector.
In the afternoon sessions, parliamentarians regrouped to collaboratively address the various challenges confronting SADC nations, fostering a collaborative atmosphere aimed at collective problem-solving.
Through these discussions, SADCOPAC members reaffirmed their dedication to tackling the socio-economic issues facing the region while promoting principles of good governance.
The commissions offered critical perspectives on accountability, transparency, public finance, sustainable development, and the integration of artificial intelligence, along with strategic recommendations for adapting to a rapidly changing global landscape.
Participants engaged in a vibrant exchange of ideas and best practices aimed at fostering transparent governance, as parliamentarians and industry professionals explored the intricacies of public finance management, sharing case studies and success stories from their respective areas.
Financial accountability has emerged as a critical focus for stakeholders within the Southern African Development Community (SADC), as delegates from the Southern African Development Community Organization of Public Accounts Committees (SADCOPAC) engage in efforts to create frameworks that promote more stable and equitable economic systems among member states.
By fostering collaboration among various participants, these initiatives are designed to pave the way for a more prosperous future for the region, ensuring that economic practices are not only transparent but also beneficial to all involved.