Libya’s Tripoli-based Minister of Finance, Khaled Mabrouk, signed a cooperation protocol in Cairo yesterday with the E-finance Firm, which is a part of the Egyptian Ministry of Finance.

The protocol comes inside the framework of the Libyan-Egyptian Partnership Agreements and the Libyan authorities’s efforts in improvement and digital transformation of knowledge administration and authorities monetary information.

On this context, Minister Mabrouk and his accompanying delegation visited the headquarters of the Egyptian Ministry of Finance to be taught in regards to the Egyptian expertise within the discipline of improvement and digital transformation of the federal government monetary system and the companies affiliated with the ministry such because the Tax Authority and the Customs Authority.

In addition they visited what they reported as being one of the vital arms of the Egyptian Ministry of Finance, the E-finance Firm, which developed the monetary system and digital transformation of the Egyptian Ministry of Finance and established the unified treasury account system and the digital fee and assortment centre for the ministry.

The assembly was held with the corporate’s officers and people answerable for creating these tasks, in addition to studying in regards to the challenges and difficulties they confronted on this, with the intention to switch the Egyptian expertise and undertake it to the Libyan Ministry of Finance.

The implementation of those tasks comes via the Ministry of Finance benefiting from monetary grants and technical help offered by regional monetary establishments such because the African Growth Financial institution and the Islamic Growth Financial institution to the monetary establishments of contributing international locations, with the intention to obtain the Ministry’s targets in creating and digitizing the data and information administration system, working with the unified treasury system, and digital fee and assortment.

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