There is an important role for employees in financial directorates while executing the State Budget programs

Egypt’s Economy is diverse and is capable of increasing growth rates with ratios from 5...

  There is an important role for employees in financial directorates while executing the State Budget programs Egypt’s Economy is diverse and is capable of increasing growth rates with ratios from 5.5% to 6% Achieving a large part of the plans regarding automation of Ministry of Finance’s work at the end of the current year This was at the end of the workshop organized by the Ministry within the third forum of strategic planning financed by UNDP and organized by Project Management Unit in the Ministry of Finance headed by Nariman El-Hiny for three days. The financial controllers and inspectors from Accounts and Financial Directorates Sector participated in this forum The Minister mentioned that there are challenges facing the national economy which are negatively affected by previous policies; however such issues can be resolved and overcome by cooperation together for better future. He added that the workshop will help the employees to address imbalances, to achieve the most efficiency and to identify the problems for realizing the importance of policies currently adopted by the State which targets stimulating the economy and improving the financial and tax management. He declared that we are within a specific and planned reform system which targets putting the economy on track to decrease the inflation and budget deficit. Such policies and reforms shall contribute to increasing the competitiveness of the Egyptian markets. Dr. Mohamed Maait, vice -minister of finance for Treasury Affairs, praised the efforts exerted by employees in Accounts and Financial Directorates Sector. He added that the Ministry currently adopts a plan to raise its efficiency through expanding the automation systems in various aspects, as well as the Ministry closes all general accounts in commercial banks and transfers them into the Treasury Single Account increasing the control on public capital. Also, he mentioned that at the end of the current year, a large phase of such plans will have been achieved by the Ministry. He declared that the Minister has approved employee promotions in financial directorates sector to complete the administration structure of the sector. Mr. Emad Awaad, Head of Accounts and Financial Directorates Sector, mentioned that this forum is considered as the first opportunity, to have direct communication between the sector employees and the Ministry’s senior officials, as the Ministry is keen on developing their performance. He added that these kind of forums and workshops will be held in all governorates with a well-trained team of the employees. Eman El-Kouny, the executive advisory for institutional development to the vice minister of finance for fiscal policies, declared that this forum is necessary for upgrading the financial controller and inspector role to be more efficient and effective, and for identifying the strengths and weaknesses points in this Sector. Mr. Mohamed Omar, the executive director of the institution in charge of training, said that the training program is coping with the state’s objectives and its strategy to achieve comprehensive and sustainable development and how to apply it in the Ministry of Finance.