Finance min. forms unit for program & performance budgeting

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Fri, 25 Sep 2020 - 02:37 GMT

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Fri, 25 Sep 2020 - 02:37 GMT

FILE PHOTO: Finance Minister Mohamed Maait speaks during a news conference in Cairo, Egypt July 5, 2018. REUTERS/Mohamed Abd El Ghany/File Photo

FILE PHOTO: Finance Minister Mohamed Maait speaks during a news conference in Cairo, Egypt July 5, 2018. REUTERS/Mohamed Abd El Ghany/File Photo

 

CAIRO - 25 Septemer 2020: Minister of Finance Mohamed Maait has issued a decision to establish an organizational unit for program and performance based budgeting (PPBB).

 

The unit shall be responsible for developing plans, outlining and implementing the state's general budget on the basis of programs and performance, in addition to compiling reports, studies and proposals related to those plans in line with the best relevant international practices.

 

The Finance Ministry said in a statement Friday that the unit shall also ensure that the necessary funds are available for the programs offered by ministries and their affiliated bodies in accordance with the objectives of the State's general budget.

 

It will be tasked with the periodic follow-up of the implementation of programs, projects and activities via quarterly reports on the budgets of all agencies and authorities to ensure commitment to the program and performance budgeting.

 

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