Ministerial committee discusses the needs for adjusting values of fund fees

"Masam" Project Destroys 6,141 Explosives in Bab Al-Mandeb

The Masam project to remove mines in Yemen destroyed 6,141 pieces of explosives, including landmines and unexploded ordnance, in Bab Al-Mandeb, Taiz Governorate.

German Chancellor Says Europe Must Stand Strong

German Chancellor Friedrich Merz has called on Europeans to strive for greater autonomy, emphasizing the need for Europe to defend itself using its own capabilities, given the shift in transatlantic relations.

China's foreign exchange reserves rise to $3.3991 trillion

China's total foreign exchange reserves made $3.3991 trillion at the end of last January, marking an increase of $41.2 billion, or 1.23 percent, compared to the end of December last year.

Saudi League: Al-Nassr, Al-Ettifaq and Neom Secure Victories Over Al-Ittihad, Damac and Al-Riyadh

Al-Nassr defeated its guest Al-Ittihad 2–0 in the match that brought them together at Al-Awwal Park Stadium in Riyadh, as part of the 21st round of the Saudi Professional League.

Last Update: ، 2026/02/12 Time 04:06:33
Latest News:

Planning Minister seeks greater development partnership with EU

Minster of Higher Education swears-in before President al-Alimi

Ambassador Al-Asbahi and Moroccan Minister of Economic Integration Discuss Strengthening Cooperation

Leadership Council Member Al-Aradah Emphasizes Women's Role in Decision-Making

Yemen Ambassador Meets Minister of Royal Office in the Sultanate Of Oman

Ministerial committee discusses the needs for adjusting values of fund fees

[08/09/2024 04:29]

ADEN - SABA
The ministerial committee tasked with studying the needs for adjusting fund fees values convened Sunday under the leadership of the Minister of Finance, the Chairman of the Committee, Salem bin Brek discussed visions and proposals for appropriate adjustments to the fund fees.

During the meeting, which included the Minister of Agriculture, Irrigation and Fisheries Salem al-Soqatri, the Minister of Local Administration Hussein al-Aghbari, the Assistant Secretary-General of the Prime Minister's Office Aziz Nasher and several concerned deputy ministers of finance and officials, participants reviewed the values and fees for goods and services designated for operational funds and their annual revenues.

They proposed adjustments to these values and fees to better meet the needs of the funds' activities under the current circumstances.

Participants in the meeting also addressed the organization of fund management and the use of their resources by approving annual budgets and providing final accounts.

They emphasized the importance of reviewing the status of the funds, enhancing oversight, focusing on revenue collection, correcting revenue resources, and ensuring compliance with the legally mandated percentage of revenue allocated for local units.