Key findings include:

• Compliance with International Standards: The OAG conducted the audit in accordance with the International Standards of Supreme Audit Institutions (ISSAIs).

• Qualified Opinion: The Auditor General issued a qualified opinion, citing missing supporting documents for certain expenditures, failure to withhold taxes on some expenses, and errors in the government debt records.

• Expenditure Oversight: The report indicates improper expenditure management practices, non-competitive awarding of some contracts, and failure to collect certain revenues.

• Budget and Revenue Shortfall: There was a 9.9% shortfall in projected revenue, mainly due to global economic challenges that affected domestic revenue collection.

The report highlights the need to strengthen financial management practices and accountability across Puntland government institutions.