{"id":642864,"date":"2017-08-23T03:57:16","date_gmt":"2017-08-23T03:57:16","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/23\/finance-ministry-to-consolidate-state-bank-accounts-into-tsa-by-end-of-november\/"},"modified":"2017-08-23T03:57:16","modified_gmt":"2017-08-23T03:57:16","slug":"finance-ministry-to-consolidate-state-bank-accounts-into-tsa-by-end-of-november","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/23\/finance-ministry-to-consolidate-state-bank-accounts-into-tsa-by-end-of-november\/","title":{"rendered":"Finance Ministry to consolidate state bank accounts into TSA by end of November"},"content":{"rendered":"

The Finance Ministry expects to consolidate all state bank accounts into a Treasury Single Account (TSA) by the end of November 2017, Daily News Egypt reports<\/a>. The state budget will be linked to the TSA, effectively completing the transition from cash to electronic payments for all state- and budget-related transactions. Finance Minister Amr El Garhy had said earlier this month<\/a> that the move will help the state monitor and reduce spending by as much as 10%.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Finance Ministry expects to consolidate all state bank accounts into a Treasury Single Account (TSA) by the end of November 2017, Daily News Egypt reports. The state budget will be linked to the TSA, effectively completing the transition from cash to electronic payments for all state- and budget-related transactions. Finance Minister Amr El Garhy […]<\/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":[9346],"tags":[2376,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-642864","post","type-post","status-publish","format-standard","hentry","category-egypt-politics-economics","tag-egypt-politics-economics","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"dcb35481-283b-4ff9-92e5-6282f09af3a6","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[642823],"teaser":"","voice_url":""},"yoast_head":"\nFinance Ministry to consolidate state bank accounts into TSA by end of November - 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\/2017\/08\/23\/finance-ministry-to-consolidate-state-bank-accounts-into-tsa-by-end-of-november\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Finance Ministry to consolidate state bank accounts into TSA by end of November\" \/>\n<meta property=\"og:description\" content=\"The Finance Ministry expects to consolidate all state bank accounts into a Treasury Single Account (TSA) by the end of November 2017, Daily News Egypt reports. 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Finance Minister Amr El Garhy […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/23\/finance-ministry-to-consolidate-state-bank-accounts-into-tsa-by-end-of-november\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-08-23T03:57:16+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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/23\/finance-ministry-to-consolidate-state-bank-accounts-into-tsa-by-end-of-november\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/23\/finance-ministry-to-consolidate-state-bank-accounts-into-tsa-by-end-of-november\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Finance Ministry to consolidate state bank accounts into TSA by end of November\",\"datePublished\":\"2017-08-23T03:57:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/23\/finance-ministry-to-consolidate-state-bank-accounts-into-tsa-by-end-of-november\/\"},\"wordCount\":87,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Egypt Politics + Economics\",\"EnterpriseAM\"],\"articleSection\":[\"Egypt Politics + Economics\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/23\/finance-ministry-to-consolidate-state-bank-accounts-into-tsa-by-end-of-november\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/23\/finance-ministry-to-consolidate-state-bank-accounts-into-tsa-by-end-of-november\/\",\"name\":\"Finance Ministry to consolidate state bank accounts into TSA by end of November - 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State census bureau CAPMAS issued the new amended figures for the first quarter, putting Egypt\u2019s GDP EGP 841.6\u2026","rel":"","context":"In "Egypt Politics + Economics"","block_context":{"text":"Egypt Politics + Economics","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-politics-economics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":593391,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/egypt-creates-guide-for-internal-government-auditing-process\/","url_meta":{"origin":642864,"position":1},"title":"Egypt creates guide for internal government auditing process","author":"enterpriseam admin","date":"26 November 2019","format":false,"excerpt":"The Finance Ministry has created issued criteria for government auditors to assess during internal audits of government bodies to help ensure state funds are being used efficiently, according to a cabinet statement.","rel":"","context":"In "Egypt Politics + Economics"","block_context":{"text":"Egypt Politics + Economics","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-politics-economics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":653107,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/29\/no-egp-32-5-mn-missing-from-state-coffers-finance-ministry\/","url_meta":{"origin":642864,"position":2},"title":"No EGP 32.5 mn missing from state coffers -Finance Ministry","author":"enterpriseam admin","date":"29 January 2017","format":false,"excerpt":"The Finance Ministry issued a statement denying rumors that EGP 32.5 mn have gone missing from the state coffers from the final balance of FY2014-15. The entire amount is held at the central bank, the Ministry says. The amounts, in accordance to law, were added to the central bank\u2019s reserves\u2026","rel":"","context":"In "Egypt Politics + Economics"","block_context":{"text":"Egypt Politics + Economics","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-politics-economics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":650072,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/15\/state-to-fall-short-on-tax-revenue-target-pledged-for-next-year-source\/","url_meta":{"origin":642864,"position":3},"title":"State to fall short on tax revenue target pledged for next year -source","author":"enterpriseam admin","date":"15 March 2017","format":false,"excerpt":"The Finance Ministry\u2019s target for tax collection in the FY2017-18 budget could fall short of the IMF\u2019s target, an unnamed source tells Al Borsa. 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