The Ministers of Finance and Oil discuss enhancing financial and administrative performance and strengthening institutional coordination in Marib.

Ministers Discuss Financial and Administrative Performance in Marib

Finance Minister Marwan bin Ghanem and Minister of Oil and Minerals Dr. Mohammed Bamqaa held a meeting in Marib Governorate to discuss the financial and administrative performance of the Finance Office, the Central Bank of Yemen branch, and the Tax Authority. They explored ways to enhance coordination and integration among financial and governmental institutions in the governorate.

Reviewing Institutional Operations

The meeting reviewed the workflow of the Finance Office, the Central Bank branch, and the Tax Authority. The ministers assessed the level of task execution and the efforts made to improve the efficiency of public resource collection, enhance institutional governance, and develop financial and administrative performance.

The ministers listened to presentations from Nasser Al-Obeidi, Director of the Finance Office, and Abdu Shamlain, Director of the Customs Authority. They provided insights into the nature of ongoing work, the tasks completed, available resources, and the main challenges and needs required to elevate the performance of financial institutions.

Addressing Challenges and Improving Procedures

The meeting discussed mechanisms to address existing difficulties and improve administrative and financial procedures. The ministers emphasized the need to modernize work methods to meet current demands, enhance the efficiency of the workforce, and improve the quality of services provided to citizens and institutions.

They highlighted the importance of developing administrative structures, activating evaluation and monitoring mechanisms, and strengthening job discipline. Additionally, they called for a clear distribution of tasks and responsibilities to enhance performance efficiency and expedite transaction processing.

Strengthening Coordination and Compliance

The ministers stressed the necessity of enhancing integration among relevant entities and adhering to existing laws and regulations. They urged unified efforts to develop the public revenue system and strengthen financial and administrative discipline, which supports the implementation of economic and financial reforms and improves public service levels.

Inspection of the Central Bank Branch

In a related context, Finance Minister Marwan bin Ghanem inspected the workflow at the Central Bank of Yemen branch in Marib. He reviewed the level of banking and administrative performance and the efforts made to develop services and enhance institutional work.

The minister held a meeting with the branch’s leadership and staff, during which he listened to an explanation from Jamal Al-Kamil, the branch manager, regarding banking and administrative tasks, transaction completion levels, and the main challenges and needs for performance improvement. He also discussed the Central Bank’s role in supervising and monitoring the activities of banks and financial institutions.

Emphasizing the Central Bank’s Role

Bin Ghanem underscored the critical role of the Central Bank in implementing monetary policies, maintaining financial stability, and enhancing confidence in the banking sector. He stressed the need to develop services, improve the work environment, and elevate performance standards.

He also encouraged the branch’s leadership and staff to intensify their efforts, enhance coordination among various departments, and focus on training personnel to meet the demands of modern banking work, contributing to the achievement of desired goals.

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