Public Procurement Act to be implemented in FY2019-20?

LEGISLATION WATCH- Public Procurement Act to be implemented in FY2019-20? The Public Procurement Act will be implemented in FY2019-20, said Khaled Noufal, assistant to the Finance Minister for administrative reform. The delay would allow government bodies to amend their tendering procedures in accordance with the law, he explained. The law grants preferential treatment in government tenders to products with at least 40% domestic content. The act is meant to support the growth and development of domestic industry. President Abdel Fattah El Sisi had signed the legislation into law last month.

Also approved yesterday: Parliament’s Education and Scientific Research Committee signed off on amendments to the Universities Act, including clauses governing unpaid vacations and hiring precedence for teaching assistants, according to Al Mal.