Two affiliates of Egypt’s Finance Ministry to be merged

Egypt’s Finance Ministry said on Friday two affiliates; the Public Treasury Authority and the Mint Authority will be merged into one entity.

The planned body will be named the Mint Authority, the ministry in a press release.

The authority will have a new administrative organisation, with some new jobs will be created to meet market needs in Egypt, added the statement.

The final procedures are underway to establish the authority, in cooperation with the Central Agency for Organization and Administration.

Source: MENA