finance ministry to close 157 government accounts
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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Finance Ministry to close 157 government accounts

Arab Today, arab today

Arab Today, arab today Finance Ministry to close 157 government accounts

Finance Minister Amr el Garhy
Cairo - MENA

Finance Minister Amr el Garhy has agreed to close 157 government accounts as of October 1.

Those accounts should be merged into accounts of a central unit at the Central Bank of Egypt, said Mohamed Mo'eat, assistant finance minister for public treasury affairs on Tuesday.

The move is meant to support the electronic financial payment system with the aim to settle dues of parties working with the Finance Ministry, Mo'eat said.

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