Parliamentary Finance continues to discuss the budgets of a number of ministries

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15/12/2024

On Sunday, the Parliamentary Finance Committee continues to discuss the draft general budget law for the fiscal year 2025, by discussing the budget of the Ministry of Transport and its affiliated departments.

The committee also discusses the budget of the Ministry of Justice, the Ministry of Digital Economy and Entrepreneurship, and their affiliated departments.

Last Wednesday, Speaker of the House of Representatives, Ahmed Al-Safadi, directed the Parliamentary Finance Committee to intensify its meetings and deliver its recommendations to the Council early next month.

Last Monday, the House of Representatives referred the draft general budget law for the fiscal year 2025 to the Finance Committee.

The draft budget law for next year is based on realistic assumptions and is consistent with the requirements for implementing the economic modernization vision by allocating the necessary financial allocations to begin implementing major projects. Such as the National Water Transport Project, and the railway linking the port of Aqaba to the mining areas of Al-Shidiya and Ghor Al-Safi.

The draft law comes in light of exceptional regional circumstances and challenges that put pressure on economic activity, investment climates, and tourism activity, which means that achieving the development vision sought in the draft budget law will require diligent government efforts to provide sufficient spending to implement major development and strategic projects, attract foreign investment, and reduce external debt service growth rates. For the coming years.