Scan with a phone camera to open the article. Suitable for posters and notices.
The University of Shatrah held its first meeting with the committees formed to prepare its budget estimates for the year 2027, according to the methodology of gradual transition to program and performance budgeting, based on the directives of the Ministry of Higher Education and Scientific Research and the Ministry of Finance.
The meeting was chaired by Professor Dr. Raed Majeed Al-Zubaidi, Assistant President of the University for Administrative and Financial Affairs, in the presence of members of the committees formed for this purpose, where the requirements for preparing budget estimates and the approved work mechanisms according to the new methodology were discussed.
The meeting stressed the importance of moving from the traditional method based on preparing the budget according to chapters and items to a methodology more linked to programs, results and performance indicators, which contributes to enhancing spending efficiency, improving financial planning, and arranging priorities according to the actual needs of the university and its academic and administrative programs.
The attendees also discussed the mechanisms for collecting the required financial and technical data, and defining the programmes, activities, objectives and performance indicators associated with them, as well as the importance of coordination between the university’s formations and its administrative, financial and supervisory departments and the relevant authorities to ensure the accuracy and integrity of the data, and in line with the requirements for preparing the program and performance budget.
The Assistant President of the University stressed the need for the formed committees to adhere to ministerial regulations and instructions and specific timetables, and to work in the spirit of one team, ensuring the preparation of realistic and organized estimates for the university’s budget for the year 2027, enhancing the efficiency of the use of financial resources and raising the level of institutional planning.
This meeting comes within the framework of the University of Shatrah’s direction towards developing the financial and administrative planning system, enhancing the principles of efficiency and transparency, and linking financial resources to programmes, goals and performance indicators, in line with the requirements of financial and administrative reform and the state’s directions in developing methods for preparing public budgets.
