DIRCO Annual Report

Conclusion The department will continue to implement cost-containment measures in order to realise savings for the funding of priority projects in line with the MTSF. However, the department remains vulnerable to foreign exchange vitality, which necessitates a review of how the foreign operations are supported with regard to financial instruments that are available for the department to mitigate such in order to address future unauthorised expenditure that might occur. Approval and sign-off The annual financial statements set out on the pages below have been recommended by the Audit Committee members and approved by the Acting Accounting Officer.

_________________ Ambassador NN Losi Acting Accounting Officer Department of International Relations and Cooperation Date:

Annual Report 2020/2021 I Vote No. 6

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