“Suspending all foreign delegations”: Finance Ministry meets to discuss reducing spending
“Suspending all foreign delegations”: Finance Ministry meets to discuss reducing spending
2026-01-18
The Ministry of Finance held a meeting today, Sunday, to discuss maximizing revenues and reducing spending, including halting all foreign delegations.
The Ministry of Finance said in a statement that it “held an expanded meeting of directors general, dedicated to discussing the decisions of the Cabinet and the Ministerial Council for the Economy related to proposals for economic reforms and addressing the financial situation, in line with the requirements of the current stage and the priorities of the state’s financial policy.”
She added that “the meeting addressed the axes of maximizing revenues and reducing expenditures, as they are fundamental pillars for supporting financial stability and enhancing the efficiency of public spending. The Cabinet Resolution No. (1083) of 2025 was discussed, which stipulated the adoption of automation in all government sectors and the transition to electronic collection, which contributes to raising the efficiency of financial collection, reducing waste, and enhancing transparency and governance.” She explained that “the attendees discussed the recommendation of the Ministerial Council for the Economy regarding reducing expenditures and maximizing revenues, which included stopping the calculation of certificates as of 2/1/2026, as well as stopping transfers to ministries covered by the resolution, within the framework of organizing human resources and controlling financial obligations.”
The Ministry reviewed its procedures related to organizing the human resources file, as it completed an accurate inventory of the number of its staff with higher degrees working within the Ministry’s headquarters, which amounted to (304) employees, in response to the directives of the Council of Ministers aimed at governing employee data and determining actual needs, as well as evaluating employees who obtained higher degrees and studying the possibility of benefiting from the experience they gained to contribute to the development and improvement of work. It noted the instruction to the General Authority for Free Zones to activate the re-export activity, based on the provisions of Article (123) of the Customs Law No. (23) of 1984 amended, due to the active role of this activity in stimulating trade and maximizing non-oil revenues.
She stated that “the attendees discussed Cabinet Resolution No. (11) of 2026, which authorizes ministries and entities not affiliated with a ministry to sell all vehicles (except production vehicles) that are (15) years old or more, in accordance with the provisions of the Law on the Sale and Lease of State Assets No. (21) of 2013, as amended, in a way that contributes to reducing operational burdens and achieving additional financial resources,” noting that “the meeting also addressed the Cabinet’s decision regarding reducing spending, which included halting all foreign delegations and relying on virtual meetings as an effective alternative to keep pace with training and development requirements, in a way that achieves rationalizing expenditures without compromising capacity-building programs.”
Those present stressed “the importance of the accurate and unified implementation of these decisions, and the need to coordinate efforts between all departments and formations, in order to ensure the achievement of the desired goals, and to support the path of financial and administrative reform, in line with the government’s directions in promoting financial sustainability and digital transformation.”
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