Egypt, Spain sign institutional agreement

An institutional agreement has been signed between Egypt and Spain to support the capabilities of the Egyptian government, said Minister of Finance Hani Qadri.

In press statements on Friday, Qadri said the agreement is meant to share the experiences of the European institutions with their counterparts in the Egyptian government.

The agreement includes a project to support the institutional capabilities of the Finance Ministry along with developing and organizing the accounting and auditing systems, he said.

Qadri noted that the project aims at reforming the legal framework of the accounting and financial auditing systems.
Source: MENA