Yassine Jaber, the Minister of Finance, reiterated that “the ministry is resolutely pursuing the necessary and fundamental reforms to improve the country's financial and customs systems.” He emphasized that “the government remains fully committed to advancing reforms aimed at enhancing financial transparency, improving the business environment and increasing the efficiency of revenue collection, all of which will contribute to supporting the national economy.”
Jaber made these comments during two separate meetings with the directors of public finances and customs, where he sought to understand the existing mechanisms and provided directives to activate the necessary corrective measures.
In the meeting with the directors of public finance, key topics were discussed, including public debt, the implementation of revenue collection processes, improvements in tax revenue and the operational procedures with fund management companies responsible for collecting duties and taxes. He stressed the importance of implementing measures to achieve more consistent and efficient results, with the goal of speeding up contributions to the public treasury, stating that circulars would be issued accordingly.
In his meeting with the Supreme Customs Council and the General Directorate of Customs, the focus was on adopting pre-shipment inspection (PSI) procedures to ensure that imported goods comply with required standards before being shipped from their country of origin. Additionally, post-shipment controls (PCA) were discussed to verify the validity of customs declarations and ensure compliance with laws. These measures aim to enhance customs compliance and reduce tax evasion.
The minister also emphasized the importance of improving the exchange of information with the Value Added Tax (VAT) Directorate to strengthen tax compliance and ensure effective public revenue collection.
Jaber concluded by stressing the need for enhanced coordination between all relevant entities to ensure the successful implementation of these new measures, adding that these reforms are part of the ongoing efforts to improve the country’s financial and customs systems.
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