Part 7
Cash Assets Management 

Article (33)

1. The Ministry is the party responsible for managing the cash assets in the Public Treasury's Account, General Revenues Account and the Sub Treasury's Accounts.

2. The Public Treasury's Account, General Revenues Account and the Sub Treasury's Accounts shall be opened with the approval of the Minister. He may also, in exceptional cases as required by the nature of work, open special accounts in the name of the Treasury with any of the commercial banks.

Article (34)

1. In order to schedule the expenditure so as to ensure the needed liquidity to every Department, the Department shall assume the responsibility of distributing its approved annual allocations in the budget according to the instructions issued by the Minister for this purpose.

2. The transfer of the Department's allocations to its sub account shall not be permitted except after the endorsement of its expenditure schedule, specified under paragraph "a" of this Article, by the Ministry.

Article (35)

Every Department or Governorate should provide the Ministry and the General Budget Department with a statement comprising the actual monthly disbursements from its approved allocations and outline the discrepancies, if any, within a period not exceeding the end of the first week of the following month. The Ministry should verify the correctness of the particulars in the manner it deems proper.

Article (36)

The Department shall spend from its allocations within the financial ceiling defined thereto by the Ministry. It may not exceed this ceiling except with the Minister's written approval.