The Cabinet, during its Thursday’s meeting under Prime Minister Mostafa Madbouli, gave the green light to the Ministry of Finance to contract with a company to provide financial clearing and settlement services for investors’ dues for a period of three years.
The move falls within the Ministry of Finance’s plan to finalize the all-out automation of the clearing and settlement system, with the aim of speeding up implementing its procedures within a determined timeline, in line with instructions of the Supreme Council for Investment in this regard.
Meanwhile, the Cabinet has approved granting the Minister of Finance the permission to issue souvenir coins valued 100 pounds, on the occasion of the 70th anniversary of Administrative Prosecution Authority.
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