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​The financial sector is one of the most important sectors in the Fund.
Its importance stems from its direct relationship with all other sectors. It is responsible for preparing the budget of the Fund and supervising it, as well as controlling its implementation.
All revenues and service charges on loans and installments paid by borrowers are collected by this sector.
It is also responsible for examining exemptions requests and looking into the requests for scheduling installments, in addition to addressing government agencies to deal with defaulters.
The financial sector prepares periodic reports (monthly, quarterly, semi-annual, annual), showing the financial position of the Fund in full.
It also concludes its work by preparing the Fund's final account.

Last updated: 5/16/2024 23:22
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