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Tuesday, 23 June 2020

FinMin looks to raise financial efficiency through ‘unified’ guide for state auditors

The Finance Ministry has issued a “unified guide” for comptrollers at state agencies to promote best practices, according to a ministry statement (pdf). The guide will give those officers a standardized handbook to ensure purchases and collections by state bodies are in line with budget forecasts, to raise financial efficiency and accountability, “ration public spending,” and improve Egypt’s ranking internationally on budget transparency indices, the statement notes.

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