In today’s press conference, the Minister of Finance Fraj Bomtari confirmed that there will be a project for handling salaries system due to the inflation in the administrative body.

Boumtari affirmed that they intend to link the system with Civil Status, funders and commercial banks with a view to updating data.

He also emphasized that the Cabinet agreed to establish joint public-private projects. For instance, next week, the Cabinet will launch the first body to start looking for participation in the government’s infrastructure and housing projects.

Another body has also been established in which part of the state’s projects are financed by Islamic instruments.

Boumtari also mentioned that permission was taken to establish a special purpose company in order to alleviate burden on the government spending, as well as to provide funds for certain projects.

It is worth mentioning that the Ministry of Finance declared, during the press seminar, the release of a general financial reform program.