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NBD External Audit Report Jan 2023

Auditor's Opinion:

We have audited the financial statements of Nile Cooperation for Climate Resilience Project - CIWA Grant No. P172848, set out on pages 23 to 30, for the year ended 31 December 2023. The financial statements comprise of the statement of fund balance, the statement of income and expenditure for the year then ended, and notes to the financial statements, including a summary of significant accounting policies.                                                                                  

In our opinion, the accompanying financial statements present fairly, in all material respects, the financial affairs of the Nile Cooperation for Climate Resilience Project as at 31 December 2023, and of its financial performance for the year then ended in accordance with the generally acceptable accounting  policies and provisions governing the subsidiary agreement between The Nile Basin Discourse and the Nile Basin Initiative

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