“By end-April 2017, the President, Parliament, and the Cabinet of Ministers will
each nominate one expert for the commission of external control, in line with Article 26.6 of the
NABU Law. The commission will approve the terms of reference for the annual external audit of
NABU by end-June 2017, in agreement with IMF staff. Based on the analysis conducted by the
auditors, the audit report will include clear and prioritized recommendations for improvements
of the bureau’s operations, in line with international best practices. In case auditors unanimously
conclude that the criteria referred to in Article 6.4.11 of the NABU Law are met, they will include
a detailed rationale and recommendation in their report. The audit report will be finalized by
end-October 2017 and appended to the subsequent NABU bi-annual report.” para 26.b.