Regulatory Alerts2006-01-01
Presidential Decree No. 246 of 2006
The President of the Republic issued Presidential Decree No. 246 of 2006 to establish the Finance Department within the Ministry of Finance, define its administrative hierarchy, and mandate its core fiscal oversight and reporting responsibilities. The decree outlines the appointment authority for the department’s director and subordinate staff, while also granting the Board of Directors of the Egyptian Company for Printing, Publishing and Packaging the power to appoint its own finance department personnel. It aligns these organizational provisions with existing financial, banking, and auditing statutes to standardize fiscal control across government entities.
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