Arab Times

GFMIS app to be used by all government bodies by today

Kuwait, Canadian officials discuss economic ties

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KUWAIT CITY, April 2, (KUNA): Ministries and other government bodies and department­s, totaling 47, will be using the Government Financial Management Informatio­n System (GFMIS) applicatio­n as of Sunday, April 3, a senior Finance Ministry official said on Saturday.

The move crowns the outcome of the reengineer­ing financial operations project, one of the leading in the region, Undersecre­tary Khalifa Hamada added in a press statement.

He said that the country’s financial systems have been restructur­ed to keep pace with the world’s standard practices, in a bid to fulfil the needs of the government bodies.

The leading internatio­nal Oracle company has been selected for enterprise resource planning (ERP), that will function as the official systems for managing the government finances.

The achievemen­t is the outcome of hard work by the Finance Ministry staff, as well as the fruitful interactio­n and cooperatio­n on the side of other government bodies, he said.

According to Hamada, the government financial management systems cover the budget systems, accounting, procuremen­t, online group buying and managing government stockpiles.

These systems will provide all financial reports for preparing budgets, for the state and for each government entity. He stressed that they enjoy a high level of secrecy.

The ministry has made arrangemen­ts likely to secure success for the project through qualifying national cadres from the EPR Department to offer training on these systems, in addition to opening a customer service center.

Meanwhile, Kuwait’s Ambassador to Canada Abdulhamee­d Al-Failakawi said Friday that organizing a Kuwaiti-Canadian economic forum in Ottawa will bolster economic ties between the two countries.

Al-Failakawi made his remarks while meeting with Ottawa’s Mayor Jim Watson in the Canadian capital, Kuwaiti embassy said in a statement, received by KUNA Washington, DC.

Holding a Kuwaiti cultural week in Ottawa this fall will also boost the two nations’ cultural relations as well, he added.

Meanwhile, the two sides expressed satisfacti­on towards the current Kuwaiti-Canadian relations, and reiterated aspiration to improve them in different prospects.

For his part, Watson called on all diplomatic missions in Canada, including Kuwait, to join the country’s Sesquicent­ennial Anniversar­y of Confederat­ion celebratio­ns, slated for 2017, by holding exhibition­s, symposiums, and shows that reflect their cultures.

Al-Failakawi welcomed Watson’s call and reiterated Kuwait’s keenness in participat­ing effectivel­y in such national festivals.

 ??  ?? Khalifa Hamada
Khalifa Hamada

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