{"id":625646,"date":"2018-08-12T04:14:26","date_gmt":"2018-08-12T04:14:26","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/12\/finmin-launches-new-digital-platform-to-monitor-government-transactions\/"},"modified":"2018-08-12T04:14:26","modified_gmt":"2018-08-12T04:14:26","slug":"finmin-launches-new-digital-platform-to-monitor-government-transactions","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/12\/finmin-launches-new-digital-platform-to-monitor-government-transactions\/","title":{"rendered":"FinMin launches new digital platform to monitor government transactions"},"content":{"rendered":"<p><strong>Gov\u2019t transparency project #1 \u2014 FinMin launches new digital platform to monitor government transactions and expenses: <\/strong>Finance Minister Mohamed Maait announced on Thursday the launch of a new digital platform through which all state ministers and governors can keep track of their respective budgets and expenditures, <a href=\"https:\/\/ent.news\/2018\/8\/1730.pdf\">according to a ministry statement (pdf)<\/a>. The new system is expected to tighten control over state finances and enhance both transparency and accountability, according to Maait. The move is part of the government\u2019s plan to transition towards a cashless economy \u2014 which is at the heart of the economic reform agenda, the minister said. The House of Representatives had approved <a href=\"https:\/\/enterprise.press\/stories\/2018\/07\/26\/house-approves-legislation-to-channel-5-15-of-slush-funds-to-state-coffers\/\">amendments to the Accounting Act<\/a> last month, which enshrine the transition towards a cashless economy, making it mandatory for all government transactions to be electronic, and banning the use of paper cheques for transactions above a set threshold. The <a href=\"https:\/\/enterprise.press\/stories\/2018\/07\/29\/finmin-announces-fy2017-18-budget-results\/\">move is meant to help<\/a> regulate public spending.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gov\u2019t transparency project #1 \u2014 FinMin launches new digital platform to monitor government transactions and expenses: Finance Minister Mohamed Maait announced on Thursday the launch of a new digital platform through which all state ministers and governors can keep track of their respective budgets and expenditures, according to a ministry statement (pdf). The new system [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-625646","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"cbd6627f-c355-479c-9ba7-4f2e0e6d4371","order":"0","is_powered_by":true,"section_story_id":"e5de7360-87c7-4892-9598-5ff9b82f0e85","story_type":"1","photo_url":"","photo_position":"above","related_issue":[625634],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>FinMin launches new digital platform to monitor government transactions - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/12\/finmin-launches-new-digital-platform-to-monitor-government-transactions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FinMin launches new digital platform to monitor government transactions\" \/>\n<meta property=\"og:description\" content=\"Gov\u2019t transparency project #1 \u2014 FinMin launches new digital platform to monitor government transactions and expenses: Finance Minister Mohamed Maait announced on Thursday the launch of a new digital platform through which all state ministers and governors can keep track of their respective budgets and expenditures, according to a ministry statement (pdf). The new system [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/12\/finmin-launches-new-digital-platform-to-monitor-government-transactions\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-08-12T04:14:26+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/12\/finmin-launches-new-digital-platform-to-monitor-government-transactions\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/12\/finmin-launches-new-digital-platform-to-monitor-government-transactions\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"FinMin launches new digital platform to monitor government transactions\",\"datePublished\":\"2018-08-12T04:14:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/12\/finmin-launches-new-digital-platform-to-monitor-government-transactions\/\"},\"wordCount\":161,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/12\/finmin-launches-new-digital-platform-to-monitor-government-transactions\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/12\/finmin-launches-new-digital-platform-to-monitor-government-transactions\/\",\"name\":\"FinMin launches new digital platform to monitor government transactions - 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The\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":594873,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/10\/finmin-has-paid-exporters-egp-1-4-bn-in-subsidy-arrears-maait\/","url_meta":{"origin":625646,"position":2},"title":"FinMin has paid exporters EGP 1.4 bn in subsidy arrears -Maait","author":"enterpriseam admin","date":"10 September 2019","format":false,"excerpt":"FinMin has paid exporters EGP 1.4 bn in subsidy arrears -Maait: The Finance Ministry has disbursed over the past few weeks EGP 1.4 bn in overdue subsidy payments the government has owed to exporters since last year, Finance Minister Mohamed Maait said yesterday, according to Hapi Journal. A number of\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":600715,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/07\/finmin-to-make-e-payments-of-govt-fees-over-egp-500-mandatory-in-may\/","url_meta":{"origin":625646,"position":3},"title":"FinMin to make e-payments of gov\u2019t fees over EGP 500 mandatory in May","author":"enterpriseam admin","date":"7 February 2019","format":false,"excerpt":"The Finance Ministry will make electronic payment of gov\u2019t fees mandatory by early May for amounts exceeding EGP 500, according to a ministry statement. The ministry is planning to have installed by April some 22k ATMs and points-of-sale (PoS) across government service offices. We picked up a Cabinet statement last\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":626834,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/12\/house-committee-approves-amendments-to-govt-accounting-act-enshrining-transition-towards-a-cashless-economy\/","url_meta":{"origin":625646,"position":4},"title":"House committee approves amendments to Gov\u2019t Accounting Act enshrining transition towards a cashless economy","author":"enterpriseam admin","date":"12 July 2018","format":false,"excerpt":"LEGISLATION WATCH- House committee approves amendments to Gov\u2019t Accounting Act enshrining transition towards a cashless economy: The House of Representatives\u2019 Planning and Budget Committee approved on Tuesday amendments to the Government Accounting Act that legally enshrine the transition towards a cashless economy, Al Mal reports. The amendments aim to bring\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":569416,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/24\/finmin-to-cut-debt-to-gdp-ratio-to-79-next-fiscal-year-maait\/","url_meta":{"origin":625646,"position":5},"title":"FinMin to cut debt-to-GDP ratio to 79% next fiscal year -Maait","author":"enterpriseam admin","date":"24 February 2020","format":false,"excerpt":"BUDGET WATCH- FinMin adopts more ambitious debt-to-GDP targets in coming fiscal year: The Finance Ministry will aim to lower Egypt\u2019s debt-to-GDP ratio to 79% during FY2020-2021, Minister Mohamed Maait said on the sidelines of a conference yesterday, Hapi Journal reports. 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