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Decree-Law No. 22 of 1993 Organising the Ministry of Finance, Economy and Commerce and Assigning the Competencies Thereof

Law Summary Record Type: DecreeNumber: 22Date: 15/12/1993 Corresponding to 02/07/1414 HijriNumber of Articles: 22Status: Canceled

Official Gazette :Issue: 21Offcial Journal Issue Publication Date: 01/01/1993 Corresponding to 08/07/1413 HijriPage from: 1969

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Article 9
Starting Date: 01/01/1993

The Department of Public Financial Affairs shall be responsible for all matters relating to public finance and State general budget, in particular the following:

Implementing the provisions of laws, resolutions, bylaws and regulations relating to the State public finance.
Issuing the annual publication which shall include rules, instructions, and guidelines that shall be followed for the preparation of the State annual budget.
Reviewing draft budgets prepared by the ministries and other government bodies, and preparing the draft State general budget.
Monitoring the implementation of the general budget from revenue and expense aspects, and all financial liabilities with which the State linked.
Studying applications related to the additional appropriations and transfer among the parts and items of the budget.
Taking the necessary procedures for opening bank credits and following up such procedures.
Collecting the State revenues according to the law.
Preparing draft financial bylaws for the budget and accounts and issuing publications relating to interpretation thereof and how to apply them.
Addressing all financial matters of the State and following up the implementation of decisions issued thereon.
Arranging the internal and external financing required for the State development plans, and serving and following up payable and receivable loans.
Keeping and auditing all State accounts.
Preparing the final account of the State.
Preparing periodic reports on the State's financial status.
Preparing studies and research necessary for setting up and developing the public financial policy of the State.