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Member of the parliamentary economic:: Investment Act covers 15% of the budget
Since 2015-11-10
Detection of economy and Investment Committee Member representative Burhan Al-mamouri, Tuesday, about the possibility of investment sector in accordance with the new law passed by Parliament to cover more than 15% of the general budget.
Akram said in a statement received the balance of news copy, that "investment law passed in the House of representatives will enter into force after its publication in the Gazette and will be ready for implementation".
Akram said that "this law is one of the important laws which contribute to the development of the country and ease the burden on the Central Government through the implementation of investment projects that promote economic and financial realities of the country, as well as the advancement of urban reality and easing the housing crisis and unemployment, strained shoulders".
He added that "the law guarantees the important paragraphs which selection mechanism Chairman and members, and eliminate red tape extruder for investment, and the application of the principle of the single window, add to overcome obstacles and provide all the facilities to attract investors.
Member of the Committee noted the economy and investment to "apply the law will give the country a tremendous income up to 15% of the budget, address extortion investors after giving each sector empowered the Minister to find an investor ready to be treated without trouble." finished 29/z 3
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Since 2015-11-10
Detection of economy and Investment Committee Member representative Burhan Al-mamouri, Tuesday, about the possibility of investment sector in accordance with the new law passed by Parliament to cover more than 15% of the general budget.
Akram said in a statement received the balance of news copy, that "investment law passed in the House of representatives will enter into force after its publication in the Gazette and will be ready for implementation".
Akram said that "this law is one of the important laws which contribute to the development of the country and ease the burden on the Central Government through the implementation of investment projects that promote economic and financial realities of the country, as well as the advancement of urban reality and easing the housing crisis and unemployment, strained shoulders".
He added that "the law guarantees the important paragraphs which selection mechanism Chairman and members, and eliminate red tape extruder for investment, and the application of the principle of the single window, add to overcome obstacles and provide all the facilities to attract investors.
Member of the Committee noted the economy and investment to "apply the law will give the country a tremendous income up to 15% of the budget, address extortion investors after giving each sector empowered the Minister to find an investor ready to be treated without trouble." finished 29/z 3
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