December 4, 2021

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Maait: A presidential mandate to strengthen the governance of the financial system in “Digital Egypt”

Cairo – Mubasher: Mohamed Maait, the Egyptian Minister of Finance, confirmed that there is a presidential mandate to strengthen the governance of the financial system in “Digital Egypt”, according to the latest international standards and experiences. A guarantee of the utmost accuracy and security of electronic government transactions and financial operations, through electronic signature codes.

In a statement issued by the ministry on Sunday, the minister said that it contributes to laying the foundations for rational management of public money, in line with efforts to maximize digital capabilities and optimize technology use in the sustainable modernization of automated financial systems.

The minister said that we are proceeding strongly in modernizing and automating all sectors and agencies of the Ministry of Finance, adding that there is a national project to develop the tax administration and customs administration systems. To simplify and digitize procedures, strengthen governance, facilitate internal and external trade, raise the efficiency of tax collection, stimulate investment, and increase economic growth rates.

He pointed out that the “governmental electronic certification authority” of the Ministry of Finance is currently being developed according to the latest international standards, in a manner consistent with the gradual transition to “Digital Egypt”.

The minister added that 51 thousand electronic signature certificates have been issued to the government sector since 2009 until now, which are renewed every three years. Realizing the importance of the electronic signature as the biggest guarantee to preserve the confidentiality of data and prevent any attempt to penetrate, manipulate or forgive, explaining that during the coming period, electronic signature certificates will be issued to 52,000 employees of the state’s administrative apparatus, before they are transferred to work in the new administrative capital.

Mohamed Al-Badri, head of the government e-certification authority, indicated that the “government electronic certification authority” provides many services to ministries and government agencies through achieving integration between electronic signature and government digital applications.

He mentioned that it issues electronic signature certificates, supplies encryption and electronic signature applications necessary to secure information exchange on government communication networks, information files on personal computers, train individuals on how to use government e-signature certificates, and provide technical advice and work experience in the field of government e-signature services. .

He pointed out that cabinet sessions are documented and secured by the services of the “government electronic certification authority”, as well as the electronic payment and collection processes at the Ministry of Finance for the system of transferring financial dues for government workers, and electronic government checks executed through the unified account at the Central Bank.

He explained that the “electronic certification” contributes to providing government agencies with the “electronic stamp” service that provides a documented and secured central archive of electronic government transactions, in a way that helps increase the ministries ’ability to manage crises in real time, and to strategically transfer information and government decisions electronically. Highly secure.

He pointed out that electronic certification contributes to protecting government transactions from any forgery of documents or forgery of signatures, as it relies on high-confidential hybrid encryption systems, and is not restricted to the size of the information contained in the document, as it is possible to electronically sign any messages or files, whether they are audio or image files. Or video or correspondence.