University Financial Transparency and Management Policy

The University of Tunis El Manar (UTM) is dedicated to maintaining high standards of financial transparency and effective management. This policy outlines the principles and practices guiding the allocation, use, and reporting of financial resources, including the budget received from the government.

Key Principles

1. Transparency
   UTM is committed to openly sharing financial information with stakeholders, ensuring clarity in the use of public funds and other resources.
2. Accountability
   All financial transactions and budget allocations are subject to rigorous oversight to guarantee they align with the university’s strategic goals and ethical standards.
3. Efficiency and Sustainability
   Resources are allocated to maximize educational and research outcomes while promoting long-term financial sustainability.

Government Budget Allocation

The budget received from the government is a primary source of funding for UTM. This allocation supports:

• Academic and research activities.
• Infrastructure development and maintenance.
• Inclusive education initiatives, particularly for disadvantaged and marginalized communities.
• Staff salaries and professional development.
• Community outreach and sustainability programs.

Financial Reporting and Oversight

• Annual Reports: UTM publishes detailed financial reports annually, which include information on the government budget, additional funding sources, and expenditure. These reports are shared with relevant authorities and made available to stakeholders.
• Audits: Regular internal and external audits ensure compliance with financial regulations and identify areas for improvement.

Stakeholder Engagement

UTM encourages active participation and feedback from its community, including students, faculty, and administrative staff, to enhance financial decision-making and ensure the alignment of spending with institutional priorities.

This policy reflects UTM’s commitment to responsible financial stewardship, fostering trust among stakeholders, and promoting the university’s mission of academic excellence, accessibility, and innovation.

Annual Received Budget for Govenment