Confirmation of the "seventh day" .. Finance announces the merger of the interests of the Treasury and the currency

Economy and stock exchange

The Ministry of Finance announced the start of the executive procedures for merging the General Treasury and the Securitization Department into a single entity, called the Stamp of Currency, as the international name for similar bodies in the world and a new administrative structure. May 26 on the merger of interests.

The Ministry of Finance said in a press release on Friday that some new production posts have been created to meet market needs in Egypt. Final arrangements are being finalized in coordination with the Central Organization for Management and Administration.

The Ministry of Finance stressed that the integration of the Public Treasury and the Currency Clearing Department will not harm the workers or their job status, but rather contribute to the development of their abilities and raise their efficiency. He explained that no employee will be fired even in jobs that will be highly dependent on The transition to a non-monetary society such as cashiers and treasurers, where they will be retrained and develop their abilities to move to other functions needed by the ministry.

Major General Hossam Khadr, the head of the treasury and the treasury of the currency, received instructions according to the schedule of completion of the project of restructuring the two interests and integrating them into one integrated interest, in order to achieve the desired integration and raise the efficiency of the work. On the need to upgrade human capabilities to ensure the overall quality, and optimize the exploitation of our unique production expertise, and seek to develop them.

The Ministry of Finance has completed the restructuring project of the Treasury and the Securitization Department. After careful study with the participation of many experts, the need to merge the two interests into a single entity has been established, thus achieving greater integration, Ensuring the maximization of the use of the available resources and available expertise, especially in light of the similarity of their work, which reflects on the control and development of the system of work, and improve the level of performance, and provide better services to citizens.

This comes within the framework of the Ministry of Finance plan to modernize administrative structures aimed at raising the efficiency of the financial and administrative apparatus and maximizing the utilization of available resources by developing human capabilities, establishing digital transformation, nationalization of international expertise, governance of procedures and facilitating services to citizens. Achievement, achieving the highest levels of transparency, and meeting people's aspirations for comprehensive and sustainable development.

On the other hand, Major General Hossam Khader, the head of the treasury and the treasury, said that all the needs of the government agencies are met by monthly installments, taking into consideration the peak times, such as governorates, the metro, and units. Traffic, etc. The private sector orders such as chains and large shops are also provided in light of the size of their business, in order to facilitate the citizens, so that they can benefit from government services and others, and facilitate the sale and purchase.

He explained that the General Treasury Department distributes monthly 15 million pounds of auxiliary coins «Fakha» at the level of the Republic, the share of the subway station, including 250 thousand pounds per day, and there are outlets in the General Directorate of the Department in Cairo to provide «Fakkah» for citizens.

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