A deputy excludes the passage of the law of the reconstruction council within the parliament for a number of reasons

Ruled out of the coalition of the rule of law high Nassif, Wednesday, pass the law of the Council of the reconstruction within the House of Representatives for a number of reasons.

Nassif said in a statement to the information, that "the formation of the reconstruction council is important for the advancement of the service reality of the country and the lack of fragmentation of investment work with the presence of a central investment body and branches in each province," pointing out that "the law that came from the Council of Ministers included a number of The items may disable the passage within the House. ”

She added that "controversial items included giving the right to the Construction Council to establish banks, holding companies and financial funds and this is a violation of the fact that the Council is not a sovereign fund," noting that "these items will make the Council partner with civil companies and its profit and similar to the law of the oil company, which was rejected by the Federal Court in Earlier. ”

She explained that "the Council must be financed from the general budget and funds for oil exports through the presence of a sovereign fund accompanying it," explaining that "the reconstruction council should be owned only by the state and not to involve private funds in it."

The Council of Ministers, on Tuesday, ratified the draft law of the Council of Reconstruction, while the Presidency of the Republic sent the draft law to the House of Representatives in preparation for reading it.

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Special Thanks to Paul Moseley!!