Senate Passes General Budget Bill

تم نشره في Mon 15 January / Jan 2018. 01:00 AM
  • Former House of Appointed Senate session

AMMAN —AlGhad— The House of Appointed Senate ratified the 2018 General Budget Bill today, Monday, including all draft laws for the state budget and the budgets of independent government units.

The Senate’s session today was chaired by Senate President Faisal Fayez and attended by Prime Minister Hani Mulqi and cabinet members.

Rapporteurs of the Senate's Financial and Economic Committee Senator Umayya Touqan read the committee's report in addition to 18 recommendations for the 2018 state budget.

The report called for setting up an integrated system for self-reliance in cooperation with the civil society and private sector institutions, studying the restructuring of the General Budget Department, putting a comprehensive plan to stop wasting public money and providing support to people whose income does not exceed JD1000.

The report also called for examining electricity tariff, activating the partnership law between the public and private sectors, conducting a comprehensive study on tax system, addressing tax evasion and allocating funds to promote Jordan as an investment destination.

Other recommendations included conducting a study for energy resources, and examining the social impact of projects and development, economic and financial policies on poverty and unemployment, drafting a new law for social work and regulating the labour market to replace foreign workers with Jordanians.

The report also called for reviewing the Social Security law in order to raise the retirement age to 63.