Fayyad Abdel Moneim Urges Gov’t Bodies not to Eat up Budget AllocationsSource: www.export-egypt.com 5/16/2013, Location: Africa |
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Finance Minister Fayyad Abdel Moneim issued a decree to ban State bodies from eating up budget allocations in the last month of the Fiscal Year that ends June 30. The decree stipulates that the remaining assets should be spent only for necessary issues, not for incentives. The financial monitory bodies will follow up the implementation of the decree.
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