CIS financial bodies to prevent industrial and national problems in large-scale system crisis - O.Oxikbayev

ASTANA. September 30. KAZINFORM /Muratbek Makulbekov/ The CIS supreme financial control bodies should actively interact to prevent the industrial and national problems escalation in the large-scale system crisis. Chairman of the Accounts Committee for Control over Execution of the Republican Budget Omarkhan Oxikbayev has announced it at the IX session of the Council of the heads of supreme financial control bodies of the CIS member-states in Dushanbe; the Accounts Committee's press service reports.
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"In the crisis necessity of formation of new economic mechanisms and rules of the game appeared. The real scale of the problems, which faced all developed countries, is bigger that it was suggested. The CIS supreme financial control bodies must actively interact to prevent the industrial and national problems escalation in the large-scale system crisis", O.Oxikbayev said.

According to him, it is necessary to strengthen the measures taken in the countries on the national level by effective interaction at the international platforms.

O.Oxikbayev emphasized that reform's core should be harmonization of the current national and regional standards of the accounting and reporting, assessment of financial stability and risks, struggle against corruption.  

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