GFMIS

AcronymDefinition
GFMISGovernment Financial Management Information System
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References in periodicals archive ?
The Financial Operations Department discussed a number of projects and financial regulations adopted by the Ministry such as the financial and administrative federal system - GFMIS, Smart BI reporting system, automated budgeting system and visual analysis of the Federal Government, in addition to the government finance statistics reports.
This is through the GFMIS (SIAFI) that was introduced soon after the Constitutional change, along with an effective Treasury Single Account.
The GFMIS, which will enhance the decision making process as well as accountability in financial administration, will make the process of monitoring the government by the two chambers of parliament and the media, more precise and clear and more easier," the prime minister added.
Minister of Finance Amr El-Garhy said that the ministry will complete an electronic system for the state budget, establishing a unified treasury account at the Central Bank of Egypt (CBE), and closing all other sub-accounts through the implementation of the Government Fiscal Management Information System (GFMIS) this March, in cooperation with the company e-finance for financial and banking services.
This will happen through the application of the Government Fiscal Management Information System (GFMIS), which includes electronic payment and collection of state revenues and expenditures.
The minister revealed the date of completion of the distribution of the Government Fiscal Management Information System (GFMIS) to all government agencies at the end of March 2018.
The Ministry of Finance started implementing the Government Fiscal Management Information System (GFMIS) last year, with the aim of increasing dependency on electronic systems in payments and the collection of state revenues and expenditures.
Minister of Finance Amr El-Garhy- Press Photo As part of the government's strategy to promote the financial inclusion of citizens and enhance the involvement of the banking sector in business transactions, the Ministry of Finance started implementing the Government Fiscal Management Information System (GFMIS) this month.
By: Egypt Today staff State entities to stop issuing paper checks by November-end Minister of Finance Amr el-Garhy issued orders to finish the application procedures of the Government Fiscal Management Information System (GFMIS), which includes electronic payment and collection of state revenues and expenditures.