Board of Audit and Inspection "Strengthen Evaluation and Supervision of Underperforming Public Institutions"... Reported to Transition Committee

Cha Seung-hoon, Deputy Spokesperson of the Presidential Transition Committee, is giving a briefing on current issues at the 20th Presidential Transition Committee in Tongui-dong, Jongno-gu, Seoul on the 8th. Photo by Hyunmin Kim kimhyun81@

[Asia Economy Reporter Yoo Byung-don] The Board of Audit and Inspection reported to the transition committee that it will designate public institutions with poor management performance as 'high-risk institutions' and strengthen the evaluation of job competency for institution heads.

On the 20th, Cha Seung-hoon, deputy spokesperson of the transition committee, stated at a briefing held at the transition committee office in Tongui-dong, Jongno-gu, Seoul, "The Board of Audit and Inspection reported on the 'Strengthening Public Institution Management System' during the work report," revealing this.

The Board of Audit and Inspection reported to the transition committee that it will strengthen evaluation and supervision of institutions with inadequate performance to the Ministry of Economy and Finance, which oversees public institution management evaluations, and to the relevant ministries in charge of each public institution.

It also stated that it will designate public institutions with poor management performance as high-risk institutions, strengthen the job competency evaluation of institution heads and auditors, and strictly take action against any revealed misconduct.

In response, the transition committee emphasized, "It is necessary to clearly set management goals that align with the unique missions of public institutions and to conduct precise evaluations of their performance."

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