{"id":542970,"date":"2022-01-26T03:49:52","date_gmt":"2022-01-26T03:49:52","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/26\/budget-planning-non-residential-evictions-hotels-a-new-tourism-fund-so-so-many-laws\/"},"modified":"2022-01-26T03:49:52","modified_gmt":"2022-01-26T03:49:52","slug":"budget-planning-non-residential-evictions-hotels-a-new-tourism-fund-so-so-many-laws","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/26\/budget-planning-non-residential-evictions-hotels-a-new-tourism-fund-so-so-many-laws\/","title":{"rendered":"Budget, planning, non-residential evictions, hotels, a new tourism fund \u2014 so, so many laws\u2026"},"content":{"rendered":"

<\/a> The House of Representatives gave the Unified Budget Act + Unified Planning Act its final nod in <\/strong>yesterday\u2019s plenary session<\/strong>, Youm7<\/a> and Al Borsa<\/a> reported.<\/p>\n

Unified Budget Act<\/strong>:<\/strong> The legislation<\/a> would require the government to be more transparent in how it plans public finances, forcing it to present an annual medium-term budgetary and fiscal strategy to the House and set spending limits for each ministry.<\/p>\n

Unified Planning Act: <\/strong>The bill, which received preliminary approval<\/a> earlier this month, would dictate how governorate-level economic, social, and urban development plans are financed and implemented. It would also seek to diversify funding for development projects by encouraging more public-private partnerships (PPP).<\/p>\n

What\u2019s next for the bills: <\/strong>The usual process should now follow: The two bills will make their way to President Abdel Fattah El Sisi to be signed into law before taking effect when its executive regulations are published.<\/p>\n

Also approved yesterday- <\/strong><\/p>\n

#1- An overhauled <\/strong>tourism and hotels act<\/a><\/strong> was given preliminary approval<\/a> by the House. The bill is set to simplify licensing rules for hotels and tourism companies. It will be up for further discussion in the House\u2019s next plenary session before receiving its final nod.<\/p>\n

#2-<\/strong> A draft law that will see the creation of a tourism and antiquities fund<\/strong> received its final nod from the House, according to Al Borsa<\/a>. The fund will finance the development of tourist areas and archeological sites, as well as restoration projects from the Supreme Council of Antiquities and cultural heritage work.<\/p>\n

#3- A draft law permitting landlords to evict organizations from non-residential properties<\/strong> was approved by the House Housing Committee yesterday. Labeled the \u2018old rent law\u2019 by the press, the bill will allow landlords to evict government agencies, public and private companies, embassies, clubs, associations and other entities leasing properties under the old rent system within five years of its being signed into law. Tenants would pay five times the current rent \u2014 with a 15% annual rent hike \u2014 in the meantime. The bill doesn\u2019t impact individuals renting residential properties under the old rent system. Al Shorouk<\/a> has more.<\/p>\n

The House will hold its next session on Sunday, 6 February, <\/strong>according to Youm7<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The House of Representatives gave the Unified Budget Act + Unified Planning Act its final nod in yesterday\u2019s plenary session, Youm7 and Al Borsa reported. Unified Budget Act: The legislation would require the government to be more transparent in how it plans public finances, forcing it to present an annual medium-term budgetary and fiscal strategy […]<\/p>\n","protected":false},"author":1,"featured_media":542971,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7344],"tags":[7097,72,274,187,404,588],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-542970","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legislation-watch","tag-development","tag-enterpriseam","tag-house-of-representatives","tag-legislation-watch","tag-public-private-partnership","tag-unified-planning-act","wpautop","entry"],"acf":{"mongo_id":"64c7215d-8eaa-4ae7-95fb-9967426efe0d","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/1\/341.jpg","photo_position":"above","related_issue":[542960],"teaser":"","voice_url":""},"yoast_head":"\nBudget, planning, non-residential evictions, hotels, a new tourism fund \u2014 so, so many laws\u2026 - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/01\/26\/budget-planning-non-residential-evictions-hotels-a-new-tourism-fund-so-so-many-laws\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Budget, planning, non-residential evictions, hotels, a new tourism fund \u2014 so, so many laws\u2026\" \/>\n<meta property=\"og:description\" content=\"The House of Representatives gave the Unified Budget Act + Unified Planning Act its final nod in yesterday\u2019s plenary session, Youm7 and Al Borsa reported. 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Background: The draft bill, unveiled by the ministry in January, merges legislation\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":573102,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/20\/egypt-plans-to-set-up-council-for-central-planning\/","url_meta":{"origin":542970,"position":1},"title":"Egypt plans to set up council for central planning","author":"enterpriseam admin","date":"20 July 2020","format":false,"excerpt":"LEGISLATION WATCH- Gov\u2019t plans to set up planning council under Unified Planning Act: The government is planning to set up a council to formulate nationwide and governorate-level development plans and have a say in all future laws related to economic, social, and urban planning, the local press reports. 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The legislation would require the government to be more transparent\u2026","rel":"","context":"In "LEGISLATION WATCH"","block_context":{"text":"LEGISLATION WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/legislation-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":567470,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/23\/finmin-releases-egypts-draft-unified-budget-act\/","url_meta":{"origin":542970,"position":3},"title":"FinMin releases Egypt\u2019s draft Unified Budget Act","author":"enterpriseam admin","date":"23 January 2020","format":false,"excerpt":"LEGISLATION WATCH- FinMin releases draft Budget Act: The Finance Ministry has released the draft Unified Budget Act (pdf) and an explanatory presentation on the legislation (pdf) ahead of putting it up for public consultations and cabinet discussion. The new act merges legislation governing the annual fiscal budget and government accountability\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":568516,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/01\/cabinet-approves-streamlined-budget-legislation\/","url_meta":{"origin":542970,"position":4},"title":"Cabinet approves streamlined budget legislation","author":"enterpriseam admin","date":"1 November 2020","format":false,"excerpt":"CABINET WATCH- The Unified Budget Act earned a seal of approval from the Madbouly Cabinet in its weekly meeting last Wednesday, according to a statement. The legislation stipulates the procedures for formulating the state budget, outlines the distribution of resources to different sectors, and details the mechanisms for regulation and\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":557741,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/30\/mps-have-a-very-busy-season-ahead-to-say-the-least\/","url_meta":{"origin":542970,"position":5},"title":"MPs have a very busy season ahead, to say the least","author":"enterpriseam admin","date":"30 September 2021","format":false,"excerpt":"MPs face a packed agenda when the House of Representatives reconvenes on Saturday, 2 October, as summer recess ends and the 2021-2022 legislative session kicks off. The House will set a full agenda and with clear priorities over the coming week, Ehab Al Tamawi, deputy chair of the House Constitutional\u2026","rel":"","context":"In "LEGISLATION WATCH"","block_context":{"text":"LEGISLATION WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/legislation-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/9\/417.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/542970","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=542970"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/542970\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/542960"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/542971"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=542970"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=542970"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=542970"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=542970"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=542970"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}