Ministry of Finance (Egypt)

Objectives

Disciplines

Political role

• The proposal of fiscal policy so as to achieve the objectives of economic and social development plan.
• Develop plans and programs related to the financial aspects to ensure the achievement of national goals.
• Preparation of draft general budget of the state and progress them to the concerned authorities.

  Oversight role

• Overseeing the implementation of the state budget after its ratification, and assessing the results to ensure the achievement of the general plan of the State.
• Practice of surveillance, monitoring and technical supervision of financial and accounting systems.
• Planning and follow-up purchases and sales of the administrative machinery of the state and its public bodies.

  Legislative role

• Studying of financial legislation and expressing an opinion on legislation prepared by other ministries which involve new financial burdens of the Treasury.
• Conduct studies and research on fiscal policy in the light of financial and economic developments both internal and external.
• Participate in the review of all international conventions relating to grants and loans.
• Conduct necessary legislative studies in conjunction with the concerned authorities to link the general plan of the State and financing plans for local and foreign currency.

  Executive role

• Measurement of financial resources and pooling of surplus income and general reserves.
• Assessing, following-up and collection of public resources and all that is entrusted with the ministry.
• Practice of the public treasury and control the conduct of securities and cash and coining of different coins.
• Overseeing the National Investment Bank.
• Management and liquidation of the funds awarded to the State under the laws of nationalization and custody or under the provisions of the Court of values.