Home / news / Strengthening partnership between Ministry of Finance, Public Prosecution

Strengthening partnership between Ministry of Finance, Public Prosecution

Businessmen Team news 14 September 2025 11:58 AM
Share Article:
Strengthening partnership between Ministry of Finance, Public Prosecution

Public Prosecutor Mohamed Shawki met with Finance Minister Ahmed Kouchouk and a delegation to strengthen institutional partnership between the Public Prosecution and the Ministry of Finance.

Shawki described the meeting as a distinguished example of constructive integration between state institutions. He said the Public Prosecution, aware of its national responsibilities in light of the precise economic circumstances the world is going through, has taken practical steps to boost cooperation with the Finance Ministry.

The Public Prosecutor's office said these steps include maximizing the collection of judicial claims by 214% compared to the previous two years, inventorying and scheduling all stagnant seized items since the 1980s and taking legal measures to dispose of them, which resulted in a revenue increase of more than 300% compared to the past four years, and continuous coordination with Finance Ministry officials to restructure the Public Prosecution's financial management.

Shawki also announced that the Public Prosecution, in cooperation with the Finance Ministry, is preparing to hand over 200 kilograms of gold bullion to the Central Bank of Egypt. The gold was seized and converted into bullion at the Public Prosecution's expense. He said the gold will be used as a fixed asset for the country's monetary reserve, a first-of-its-kind national initiative that reflects the Public Prosecution's awareness of its responsibilities in supporting the national economy.

He stressed that these efforts are part of a broader push to establish transparency and governance and preserve public funds, adding that the Public Prosecution prioritizes issues with an economic dimension to serve the public interest.

Minister Kouchouk expressed his satisfaction with the extensive cooperation with the Public Prosecution, saying the Finance Ministry is working hard to resolve and end tax disputes with taxpayers voluntarily through internal committees and simplified, amicable settlements. He said this ensures a balance between preserving the rights of the treasury, citizens, and investors.

He commended the Public Prosecution's efforts in enhancing governance, transparency, and the preservation of public funds. He noted that the initiative to convert seized gold into bullion to boost monetary reserves reflects a shared vision for supporting the national economy.

Kouchouk said continuous training is a fundamental pillar for understanding and interpreting laws to achieve the public good.

The meeting also included honoring a number of Finance Ministry experts who contributed to training courses for administrative staff at the Public Prosecution, in appreciation of their role in transferring expertise and enhancing institutional efficiency.