The Ministry of Finance issued a decision to stop the expropriation of real estate for public benefit and not to conclude any new leases and disengage the lease of buildings previously announced; and that the disbursement from the appropriations of items and projects during the fourth quarter should not exceed 25% of the original appropriation allocated in the budget, and the Ministry also emphasized the payment of contractors through the Saudi System for Financial Transfers (SARIE) and not to accept any payment order that does not include the bank account number (IBAN).
The Ministry of Finance issued a decision to stop the disbursement of the budget appropriations to the third day of Safar next month, and the decision was circulated to all government agencies. The decision was circulated to all government agencies. The decision included stopping the contracting of any new projects and stopping transfers between the appropriations of the current fiscal year budget items, programs and projects, as well as stopping appointments and promotions on all job ladders and items and stopping the purchase of cars, furniture and equipment for any purpose.
The Ministry of Finance called on the agencies to pay contractors through the Saudi system of financial transfers (Sareeh) and not to accept any payment order that includes the account number (IBAN). The Ministry of Finance called on government agencies to accelerate the duration of the procedures for supplying revenues collected from public agencies, institutions and bodies to the Ministry of Finance and submit payment orders to the Ministry of Finance (Payment Orders Department) before the end of work on the third Sunday of next month; the Ministry of Finance continues to accept payment orders for salaries for the months of Safar and First Quarter and payment orders for pension and social insurance deductions until the end of the current fiscal year.
In addition, the Ministry of Finance continues to accept payment orders for salaries for the months of Safar and First Quarter and payment orders for pension and social insurance deductions until the end of the current fiscal year. The instructions also included that the salaries for the month of Rabi'I 1437 will be charged to the appropriations of the fiscal year 1437-1438 and deducted from the first section of the workers' compensation item (21) according to the classification of government finance statistics 2001-2014.
Ministry of Finance <The Ministry of Finance stressed that all cash balances held by treasurers and account balances of government agencies, public bodies and institutions at the Monetary Agency and local banks and all those who have custody of cash, whether they are main or subsidiary entities, must be deposited in the current account of the Ministry of Finance at the Monetary Agency during the period from the third of Safar to the end of the thirteenth day of the month of Rabi al-Awwal, while continuing to deposit what is received after this date and relates to the current fiscal year in the current account of the Ministry of Finance at the Monetary Agency directly for the fiscal year 1436 - 1437 until close of business on Thursday the eighth. According to the instructions issued in this regard, the complementary period for closing the accounts and preparing the final account for the fiscal year 1436-1437 starts from the twentieth day of the month of Rabi'I until the end of the second day of the month of Jumada I next, provided that the final account is submitted to the Ministry of Finance no later than the sixteenth day of Jumada I next so that the Ministry of Finance can prepare the general final account of the state and submit it to the Cabinet on the specified date.
