The Ministry of Finance announced that it gave instructions to close the bank account of the Medical Supply Organization and transferred its assets to the Public Treasury accounts.
In a statement, the ministry said that the formation of a committee started yesterday through the Treasury Office of the Ministry of Finance for the Medical Supply Organization’s financial audit, as well as for tightening the Organization’s exchange control, expending on account of Part four, “the Organization’s allocated funds”.
The ministry stressed that the Medical Supply Organization must comply with the provisions of the Regulations on Administrative Contracts, in particular those ruling in case of direct contracting, the provisions of Articles 213-314 of the budget Regulations as well as Accounts and Stores, with the disbursement being 90% external and 10% internal.
