In a significant development, the Treasury has released the necessary funds to settle all bills certified by government agencies, ensuring the payment of approved bills up to December 15, 2023. This accomplishment marks the first time in the last 25 years that all approved payments have been settled within a single year.
The Presidential Media Division announced this milestone, highlighting the government’s commitment to fiscal responsibility and timely financial management. The release of funds is in accordance with the 2023 budget allocations approved by Parliament.
Additionally, the Treasury has addressed the arrears of retirement gratuity, which had been pending for over 18 months until December 2022. The funds required for the proper payment of retirement gratuities for officers who retired on or before December 19, 2023, have been released.
The Finance Ministry, as cited by the Presidential Media Division, has confirmed the timely release of funds, emphasizing the government’s dedication to ensuring the financial stability and well-being of retired officers.
