Gov’t to issue Public Contracts Act executive regulations in six months

LEGISLATION WATCH- The government will issue the executive regulations to the Public Contracts Act within six months’ time, Finance Minister Mohamed Maait said, Al Ahram reports. The legislation (previously known as the Auctions and Tenders Act) was approved by the House of Representatives last week after going through a second round of review following its name change. The law aims to decentralize and streamline tender procedures, Maait said.