The Ministry of Finance issues an explanation regarding the extinguishment of advances granted to st

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[size=52]The Ministry of Finance issues an explanation regarding the extinguishment of advances granted to state employees[/size]

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Today, Thursday, the Ministry of Finance issued a clarification regarding the fact of extinguishing advances granted to employees of state departments.[/size]
[size=45]And the ministry stated in a statement), that “the Ministry of Finance issued a clarification today, regarding what was reported on social media that there is an extinguishment of advances granted to employees of state departments, stressing that” the government advances mentioned in the above article belong to government advances and not advances granted to employees or senior officials.[/size]
[size=45]And she added, “Articles 15 contained in the budget law stipulate that the Minister of Finance has the right to add allocations for the purpose of extinguishing government advances for previous years until December 31 of this year, which were spent as a result of the laws in force after being audited by the Federal Financial Supervision Bureau and approved by the Council of Ministers.” Stressing that this will be the last year to settle it.[/size]
[size=45]And she emphasized that “the government advances mentioned in Article 15 pertain exclusively to government advances and are not intended for advances granted to employees or to senior officials.”[/size]
[size=45]And the Ministry indicated, some paragraphs of the instructions for implementing the budget related to this matter: namely, “the accounting department audits and confirms the amounts of advances disbursed in its records and in coordination with the concerned departments, in addition to fixing the amounts returned from these advances by those authorities and they are classified according to the aspects of disbursement and according to the classification of the annual budget with Mention the classification of the chapter and section in the event that the advances are calculated on current expenditures, whether they have allocations included within the federal general budget of the state.[/size]
[size=45]And she continued, “For the years in question and for some ministries and agencies not associated with a ministry, according to the classification in force within the Federal General Budget Law for the year / 2023, in addition to coordination with the Ministry of Planning regarding checking the amounts of advances related to investment projects that have allocations included in the federal general budget for the years. The course of the research is for the purpose of enabling it to issue the appropriate decision regarding its addition and notifying the accounting department for the purpose of auditing and matching with the final accounts for each year and endorsing the Federal Financial Supervision Office on it and notifying the budget department regarding the status of financial allocations for it.[/size]
[size=45]And she added, “The concerned departments have submitted trial balances supported by evidence to the Accounting Department, indicating in them the amounts of advances allocated in their accounts or the accounts of the Accounting Department with regard to current or investment expenditures after being audited by the Federal Bureau of Financial Supervision, in addition to the Accounting Department providing the Budget Department with tables Detailed, audited and showing the amounts of advances and the parties to which they are spent, supporting the validity of the data contained therein and the allocations for them included within the federal general budget for the years in question and for each year separately.[/size]
[size=45]And she concluded, “The Budget Department is submitting a recommendation to the Federal Council of Ministers to take a decision to extinguish and add financial allocations to it without entailing actual spending and for the purposes of the entry settlement, and that the year 2023 be the last to settle it[/size]
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