Foreign Assistance: Controls Over U.S. Funds Provided for the Benefit of the Palestinian Authority
NSIAD-96-18
Published: Jan 08, 1996. Publicly Released: Jan 08, 1996.
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Highlights
Pursuant to a congressional request, GAO reviewed the financial controls that govern U.S. assistance funds to certain Palestinian organizations for budget support purposes, focusing on: (1) the financial controls set up by the World Bank and the Agency for International Development (AID) to monitor the use of U.S. funds by the Palestinian Authority, Palestine Economic Council for Development and Reconstruction (PECDAR), and the Palestine Liberation Organization (PLO); and (2) AID controls over other project funds earmarked for the benefit of the Palestinian Authority.
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EmbezzlementForeign financial assistanceForeign governmentsForeign technical aidFund auditsInternational cooperationRisk managementExpenditure of fundsPoliceInternational financial institutions