Lower House endorses public agencies budgets draft law

By Raed Omari

AMMAN – Lawmakers on Sunday endorsed the public agencies budgets draft law for the fiscal year 2011 as referred by the government, with some recommendations.

During yesterday’s Lower House session, an overwhelming majority of deputies voted to approve the law and all recommendations put forward by its Financial and Economic Committee.

Among the major recommendations approved yesterday by MPs, is that the government should present the budgets of independent public entities at the same time as the state budget draft law.

Deputies also recommended that the Audit Bureau be given a greater monitoring role over companies in which the government’s stake is over 25 per cent.

In their deliberations over the law, several MPs again brought up the issue of abolishing or merging the 62 independent public institutions performing similar missions, citing their burden on the already fragile state budget.

Deputies endorse the public agencies budgets draft law on Sunday (Petra photo)

read more

Categories: Asia, Jordan, Middle East

Leave a Reply