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Financial

The Finance Sector is one of the most crucial departments in the fund. Its importance stems from its direct connection with all other sectors, as it is responsible for several key tasks, including preparing and overseeing the fund's budget, ensuring strict control over its implementation, collecting all revenues and service fees on loans and installments due from borrowers, reviewing rescheduling requests for installments, processing exemption requests for deceased borrowers, and coordinating with government agencies to enforce collections from defaulters.

Additionally, the Finance Sector prepares regular reports (monthly, quarterly, semi-annually, annually) to provide a comprehensive overview of the fund's financial status. It concludes its activities by preparing the fund's final accounts.​

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Last updated: 8/20/2024 5:07
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