Ministry News

The Ministry of Transport gets first place in the annual financial close for the year 2020


The Ministry of Transport ranked first in the fiscal year 2020 close of the Public Finance Modernization Project (AFMIS(.

The Ministry of Finance, represented by the Deputy Prime Minister for Economic Affairs and Minister of Finance, Dr. Rashid Abu Lahoum, thanked and appreciated the Minister of Transport Zakaria Al-Shami for the distinguished course in the success of automated work on the financial and accounting system AFMIS, in which a number of government agencies are associated with the project of modernizing the public finance.

The Financial and Accounting Information Management System (AFMIS) is the automatic system through which the state’s general budget is prepared and executed and final accounts are issued.

Which aims to support the field of public financial management by improving and strengthening financial control and managing public funds, providing accurate and timely financial information, preparing financial management reports, and raising the efficiency of government financial and accounting work in the Ministry of Finance and budget units in the central and local authority.

Show More

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button