Minister of State for Military Production Salah Soliman Gomblat affirmed that one of the core pillars of the ministry’s strategy to develop institutional performance is the prudent management of financial resources.
This is achieved through full adherence to financial governance rules and transparency in all procedures related to asset and liquidity management, as well as maximizing investment returns in military production companies, thereby enhancing their role in supporting the national economy and meeting citizens’ needs.
He made the remarks during an extensive meeting with heads of financial sectors and financial department officials of companies affiliated with the ministry, at the headquarters of the Ministry of Military Production in the New Administrative Capital.
The minister explained that the meeting reflects the ministry’s commitment to enhancing financial management efficiency and strategically developing financial governance across its affiliated entities.
He emphasized that prudent financial management remains a key pillar in the ministry’s institutional performance strategy, ensuring full compliance with financial governance and transparency in all asset and liquidity management procedures and maximizing investment returns of military production companies, thereby supporting the national economy and addressing citizens’ needs.
The minister also stressed the importance of attracting and reviewing the best offers from banks and financial institutions to manage the financial portfolios of military production companies. Offers should be compared according to clear criteria, including return, banking service costs, risk levels, and flexibility of management mechanisms, to ensure the highest possible returns while maintaining financial security and stability.
