Ministry of Finance Affirms Decisions are Law-Based

1 week ago
Ministry of Finance Affirms Decisions are Law-Based

The Ministry of Finance has emphatically stated that all its operations and decisions are strictly based on institutional mandates and clear legal authorities, prioritizing the protection of public funds and the promotion of fiscal discipline. The ministry stressed the independence of its regulatory and financial decisions, asserting they are not subject to any considerations outside of legal or professional standards.


In a released statement, the ministry detailed that it has recently implemented a series of supervisory and financial measures. These measures involved reviewing numerous files to ensure their compliance with prevailing laws, regulations, and statutes. The ministry reiterated its commitment to fulfilling its duties in accordance with applicable laws and regulations, serving the public interest through objectivity, transparency, and sound governance, applying established procedures to all files without exception.


The Ministry reaffirmed its ongoing commitment to implementing necessary actions to support the fiscal reform agenda, enhance the efficiency of public resource management, safeguard public funds, and entrench fiscal and institutional discipline within its legally prescribed scope of responsibilities and authorities. This effort aligns with Presidential Leadership Council Resolution No. (11) for 2025 and the government's directives on the comprehensive economic reforms agenda, thereby bolstering the confidence of regional and international partners in state institutions.


Furthermore, the ministry confirmed its progression in executing its duties with professionalism, responsibility, and independence. It addressed what it described as "systematic attempts and campaigns" to undermine its institutional role. The ministry stands ready to clarify any action or decision through official channels and in accordance with approved legal frameworks, ensuring the public's right to information and reinforcing trust in public institutions while maintaining procedural integrity and confidentiality where dictated by public interest.


Ministry of Finance Affirms Decisions Based Solely on Law
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Ministry of Finance Affirms Decisions Based Solely on Law
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Ministry of Finance Affirms Decisions are Law-Based
Ministry of Finance Affirms Decisions are Law-Based