News

Gov’t to form financial controlling groups

The Ministry of Economy and Finance (MEF) plans to establish financial controlling groups at each ministry whose function would be to review and approve both the expense budget proposals and procurements of respective ministries and institutions in consultation with the Financial Management Information System (FMIS), ...

Kang Sothea
https://www.khmertimeskh.com/501169891/govt-to-form-financial-controlling-groups/

Tax dept launches mediation tool

The General Department of Taxation (GDT) has officially launched a mediation software tool to help with financial management information systems and tax data management. The purpose of introducing it is to modernise and automate revenue-sharing data between the tax data management and financial information. ...

Sorn Sarath
https://www.khmertimeskh.com/50766648/tax-dept-launches-mediation-tool/

Ministries to pilot use of budget reform tool

The Financial Management Information System (FMIS), a reform initiative designed to improve the governance and transparency of national budget management, will be applied to 10 government ministries later this year after a successful implementation of the scheme at the National Treasury Department, officials said yesterday. ...

Hor Kimsay
http://www.phnompenhpost.com/business/ministries-pilot-use-budget-reform-tool-0

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