MoF implemented GFMIS since fiscal 2016/17 in 51 govt agencies
Kuwait Union of Private Sector Workers to visit number of foreign countries
KUWAIT CITY, July 12: The Ministry of Finance has implemented the Government Fiscal Management Information System (GFMIS) since the start of fiscal 2016/2017 in 51 government institutions at a cost of KD 7 million with an implementation period of four years, reports Al-Qabas daily quoting Minister of Finance Nayef Al-Hajraf.
This is in response to the question of MP Mubarak Al-Harees. The minister affirmed that the implementation of any new system entails facing several challenges. He said the ministry has taken precautions in anticipation of hiccups like providing consultation and technical services, and field follow-up. He confirmed the ministry triumphed over many challenges, especially the causes of delay in processing transactions and the implementation itself.
He said the ministry has been providing support for all government agencies since the launching of GFMIS by organizing training courses – theoretical and practical, and field trips for the employees, as well as responding to government inquiries through the central automated system for services offered to clients.
He added the system is one of the ministry’s strategic projects, which had a huge impact on State financial management; particularly in improving performance and ensuring efficiency of implementation methods.
He clarified the implementation of the system depends on correct procedures along with the best global experiences and practices to ease the implementation in the country.
He went on to say the objectives of GFMIS include supporting the public sector’s fiscal reform, guarantee transparency of public finance and accounting, and improve the efficiency and economy of public service delivery.
Meanwhile, Chairman of Kuwait Union of Private Sector Workers Saud Rashed Al-Hujailan stated that the union, in the next few days, will visit a number of countries such as China, Turkey, South Korea and Tunisia to sign joint cooperation agreements with international labor unions in those countries, reports Al-Anba daily.
He said the labor unions in the abovementioned countries sent invitations to their Kuwaiti counterpart to visit and develop joint cooperation and form alliances, adding, “We believe all the invitations are in the best interest of Kuwait”.