Sunday, July 7, 2013

Feasibility of disclosure and transparency

   

Feasibility of disclosure and transparency

   


08/07/2013 12:00 AM

Yasser incumbent 
 is a single disclosure and transparency of terms newly our culture Economic came with the winds of change and despite the passage of ten years it Alnna we still have not tunnel meaning lit the closer we understand it. 
term beautiful and smooth pronunciation but deep meaning and content being used we can see trends in the disbursement of funds private, public and thus to know whether achieved this exchange objectives of it and if so we touch and feel the results and otherwise, to be correct path disbursement of funds. 
'm a researcher economist has devoted in my mind the concept of disclosure and transparency are clearly through watching the meeting of the General Authority for one of the private banks, a meeting Yearly both the private banking sector and as usual, the Chairman of the meeting the work program, containing the reports of the Board of Directors, and final accounts, the auditor and then report to increase the bank's capital and the distribution of profits and reward the President and members of the Board of Directors also held elections for new board of directors in light of the Central Bank, which is trying through instructed these devote the concept of corporate governance and reduce administration banks monopoly of families on the decisions so it seemed to us the matter of procedure. 
reduce the moment, the reader looking for disclosure and transparency certainly, yes, he is also all of these measures has been under the supervision of the General Authority of the bank, which includes equity owners money or the bank's capital and most importantly that this mechanism has been under the supervision of the Central Bank which is the sector, which oversees the performance of the banking sector and the representatives of the central display irregularities, if any, to the public Aoualemsahmin and recording observations and follow-up implementation of the instructions and procedures instructed by the central bank are being answered by the administration of the bank. 
But what happened before me, the objections made ​​by members of the public are shareholders on the performance of the administration and the questionnaire all done by the administration between the two and the smallest details and questions of quality and accurate accounting of measures the bank and the nature of the disbursement of funds and all financial transactions and listened to the answers, mostly convincing According to the Banking Act and instructions of the Central. 
Here struck by this scene, which like the Court of mini provided through the questions and the investigation by the shareholders in both small and offset arguments by the administration that reach everyone to the right decision and the action requested in some of the mistakes small fear of not faulting 
So So lies the importance of disclosure and transparency in determining the course of exchange of money and avoid deviation from the track, this is happening in the private sector does happen days Mavi government institutions? order to check for where to go billions She is also a money contributors any people as a whole. 
Here we must deepen the concept of disclosure and transparency, and claim the Integrity Commission officials Adult disclosure of financial ذممهم is one of the most important means of disclosure and transparency that Eshmir the Some of them Kmfirdh not to its meaning beautiful but heavy substance on the spoilers 
this is the point of disclosure and transparency, and I think understanding the meaning and the message arrived ..

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