16:51 - 09-10-2022
Today, Sunday, the Ministry of Planning announced the imminent release of funds for the governorates within the Food Security Law.
Planning Minister Khaled Battal said, "The Finance Committee hosted us, in the presence of the First Deputy Speaker of Parliament, Mohsen Al-Mandalawi, to discuss the mechanism of implementing the Food Security Law in the part related to the investment plan of the law," noting that "there is a problematic launch of funding by the Ministry of Finance."
He added, "We explained to the Finance Committee that the Ministry of Planning has fully accomplished what it was required to do, and we included the projects, and we spoke with the Ministry of Finance in the presence of the President of the Financial Supervision Bureau, and there is a common understanding and clarification of some legal paragraphs in which there was a misunderstanding by some departments of the Ministry of Finance." Soon, the money for the provinces will be released."
He added that "there is 50%, according to the law, of the money being released by this government and 50% being released by the next government," explaining that "the original in today's meeting is to speed up the procedures for releasing 50% of the money, and it will be launched soon."
Battal stressed that "the Ministry of Planning has completed launching the allocations to the governorates," noting that "according to the deliberation that took place today, the problem is the understanding of the Accounting Department in Finance for some legal paragraphs, and it was clarified by us and by the head of the Oversight Bureau, and things are on the way to solution."
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