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TERMS OF REFERENCE TO AUDIT OR REVIEW OPERATIONS FINANCED BY THE BANK GROUP

APPENDIX A 1.0 BACKGROUND 1.1 The African Development Bank Group (the Bank) has been supporting the Government of Somaliland in its developmental efforts. A Grant of UA 5.4 million was approved in June 2016 to finance the Water Infrastructure Development for Resilience in Somaliland. 1.2 The Water for Infrastructure Development for Resilience project consists of the following three components: - · The construction and rehabilitation of water and sanitation infrastructure: This component is focused on providing access to water in order to meet high-priority needs in drought-stricken areas. · Capacity Building: This component will support the capacity development of the Ministry of Water Resource (MoWR) in Somaliland including the beneficiary communities. Proposed activities include; procurement of essential Operation and Maintenance (O&M) and laboratory equipment and training.

Internal Auditor

South Pacific Stock Exchange suspends trading of Fiji TV and FHL shares

South Pacific Stock Exchange suspends trading of Fiji TV and FHL shares South Pacific Stock Exchange suspends trading of Fiji TV and FHL shares [Image: File Photo] The South Pacific Stock Exchange has placed a suspension in trading of Fiji Television Limited and Fijian Holdings Limited shares with immediate effect. This decision was made in light of the request made by Fiji TV and stating that its external auditor wishes to recall and reissue the financial statements for the financial year ended 30th June 2020, under the provision of the International Standard on Auditing (ISA) 560 – Subsequent Events. This will also include a restatement of financial figures for financial years 2018 and 2019.

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