The joint meeting of the functional commissions of the ministerial sectors discuss the performance report for the first quarter of fiscal year 2017.

The joint meeting of the technical committees of the sectors of the Council of Ministers Discussed on Monday 8/5/2017 under the chairmanship of  General of the Council of Ministers, issued a performance report for the first quarter of the 2017 budget, which included the implementation of several financial policies and procedures. The revenues increased by 33% compared to the same period of 2016, in addition to the continuous measures in controlling public expenditure and directing resources towards priorities. The trade balance deficit in this quarter compared to the first quarter of 2016 as one of the most important results of fiscal and monetary policies. Exports increased by 47.6% (especially gold exports) and imports decreased by 15.2% for the same period of 2016.

The meeting stressed the importance of continuing efforts to attract foreign investments and prepare the necessary programs to build the capacity of the employees of the income units to enable them to promote and develop revenue collection and expand the tax umbrella and continue to implement the computerization of the work of the Tax Office and intensify the fight against tax evasion.