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OAS and U.S. Create Audit Panel to Support Transparency in Health Spending in the Region

  July 20, 2022

OAS and U.S. Create Audit Panel to Support Transparency in Health Spending in the Region
Photo: OAS

The Organization of American States (OAS) and the United States government today agreed to create a panel of expert auditors to support transparency and accountability in public procurement and health spending in Latin American and Caribbean countries, during a ceremony held at the headquarters of the hemispheric institution.

OAS Secretary General Luis Almagro said the hemisphere needs to create new regional and national approaches to prevent, mitigate and manage potential future health demands. "This agreement is a very valuable step on a common path that can ensure the strengthening of our region's health systems. And it is also a concrete opportunity for member states to strengthen their democratic governance. We look forward to working with the State Department and the member states in these efforts," said Secretary General Almagro.

For his part, the U.S. Under Secretary for Economic Growth, Energy and the Environment, Jose Fernandez, expressed his confidence that the agreement will allow progress to be made in promoting transparency in public procurement in the health sector. "Today, as announced by Secretary General Almagro, we mark another milestone. By signing this cooperation agreement, we are making significant progress in the oversight of health systems."

At the Summit of the Americas – held in June in Los Angeles - it was agreed to use public procurement to promote the sustainability and development of existing health budgets in an "effective, efficient and inclusive" manner and to promote "ethical conduct to prevent corruption in both the public and private sectors."

Reference: FNE-122740