Finance confirms its commitment to adopting digital transformation in transactions
Finance confirms its commitment to adopting digital transformation in transactions
2025-01-30 08:31
Shafaq News/ The Ministry of Finance stressed, on Thursday, the importance of adhering to the recommendations of the Council of Ministers to develop financial and banking performance, as well as emphasizing the acceleration of adopting modern electronic systems in the ministry’s formations.
The ministry said in a press statement received by Shafaq News Agency, “The Minister of Finance, Taif Sami Muhammad, held a periodic meeting of the Ministry’s opinion body, in the presence of the Undersecretary of the Ministry and the general managers of the departments, banks, bodies and affiliated companies.”
The statement added that “the meeting addressed several important topics, most notably reviewing the recommendations of previous committees, evaluating the progress made in implementing the recommendations of the committees formed by the Opinion Authority in previous sessions, and determining the rates of achievement and potential obstacles.”
He added, “The meeting also discussed the proposed amendments to improve the performance of the ministry’s departments and adapt them to the requirements of modern financial management, in line with developments in the financial and business sector. In addition, the minister stressed the importance of adhering to the recommendations of the Council of Ministers and continuing efforts to provide the necessary capabilities within the framework of the government program to develop financial and banking performance.”
The meeting stressed, according to the statement, “the need to accelerate the adoption of modern electronic systems in the ministry’s formations, especially in strategic sectors such as banks, customs, and taxes, with the aim of improving work efficiency and providing better services to citizens.”
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