Sunday, June 30, 2024

Economist reveals the main factors that influenced the implementation of the Maronites, 30 June

 Economist reveals the main factors that influenced the implementation of the Maronites

 Former Director of the Financial Supervision Bureau, Salah Nouri, revealed today, Friday, the basic factors that influenced the implementation of the budget approval.

Nouri told Al Furat News Agency: “The main factors affecting the proper implementation of the Maronites are: 

_Approval of the budget early, at least in the third month of the fiscal year 

_Accuracy of financial allocations according to the priorities of the government program 

-The speed of cash financing for public spending units. This concerns the duties of the Ministries of Finance and Planning, the Council of Ministers, and the Representatives

As for the executive departments, Salah added, “Transparency, integrity and quality in the use and spending of funds according to the approved financial allocations.” 

He stated, “The efficiency of the executive human resources in the public spending units, based on the basics of implementing the aforementioned general budget, will greatly affect the achievement this year in terms of delays in approving the budget and delays in financing, in addition to the weakness of efficiency, transparency, integrity, and quality, especially in investment projects.”  link

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