{"id":600631,"date":"2019-02-05T04:35:05","date_gmt":"2019-02-05T04:35:05","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/05\/egypts-house-drafting-more-constitutional-amendments-to-economic-indicators\/"},"modified":"2019-02-05T04:35:05","modified_gmt":"2019-02-05T04:35:05","slug":"egypts-house-drafting-more-constitutional-amendments-to-economic-indicators","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/05\/egypts-house-drafting-more-constitutional-amendments-to-economic-indicators\/","title":{"rendered":"Egypt\u2019s House drafting more constitutional amendments to economic indicators"},"content":{"rendered":"

<\/a> LEGISLATION WATCH- Could MPs\u2019 newfound interest in constitutional change see less funding for health, education? <\/b>The House Planning and Budgeting Committee appears to want to ride the coattails of constitutional amendments introduced earlier this week, Al Mal<\/a>, saying MPs are drafting a second package of changes that could change how constitutionally mandated spending minimums on health, education and scientific research are calculated. The amendments would define spending minimums as \u201cpercentage of gross domestic product\u201d (GDP) rather than \u201cgross national product\u201d (GNP), the newspaper says, citing remarks by committee chair Yasser Omar.<\/p>\n

Why this matters: It could see less money flowing into healthcare, education and scientific research. <\/b>Egypt\u2019s GNP per capita (in PPP terms) was about USD 11.4k in 2017 while its GDP per capita (also in PPP terms) was about USD 10.5k the same year \u2014 implying the earmark would have gone down by about 8% in 2017 had the change been in effect then. GNP, also known as gross national income<\/a>, \u201cstarts with GDP and adds residents' investment income from overseas investments, and subtracts foreign residents' investment income earned within a country.\u201d<\/p>\n

Other changes to budgeting, default tax system: <\/b>The amendments would also change how the state budget is drafted (the piece doesn\u2019t explain how) and define Egypt\u2019s taxation system as following not a \u201cprogressive\u201d model but an \u201coptimal\u201d one.<\/p>\n","protected":false},"excerpt":{"rendered":"

LEGISLATION WATCH- Could MPs\u2019 newfound interest in constitutional change see less funding for health, education? The House Planning and Budgeting Committee appears to want to ride the coattails of constitutional amendments introduced earlier this week, Al Mal, saying MPs are drafting a second package of changes that could change how constitutionally mandated spending minimums on […]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[8572],"tags":[7097,73,72,7115,180,322,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-600631","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-development","tag-education","tag-enterpriseam","tag-healthcare","tag-legislation","tag-science","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"96890161-a326-456d-872e-d6270b686966","is_powered_by":true,"section_story_id":"85d4c021-7af0-4675-ade4-f8b889742369","story_type":"1","photo_url":"","photo_position":"above","related_issue":[600625],"teaser":"","voice_url":""},"yoast_head":"\nEgypt\u2019s House drafting more constitutional amendments to economic indicators - 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\/2019\/02\/05\/egypts-house-drafting-more-constitutional-amendments-to-economic-indicators\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt\u2019s House drafting more constitutional amendments to economic indicators\" \/>\n<meta property=\"og:description\" content=\"LEGISLATION WATCH- Could MPs\u2019 newfound interest in constitutional change see less funding for health, education? The House Planning and Budgeting Committee appears to want to ride the coattails of constitutional amendments introduced earlier this week, Al Mal, saying MPs are drafting a second package of changes that could change how constitutionally mandated spending minimums on […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/05\/egypts-house-drafting-more-constitutional-amendments-to-economic-indicators\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-02-05T04:35:05+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/05\/egypts-house-drafting-more-constitutional-amendments-to-economic-indicators\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/05\/egypts-house-drafting-more-constitutional-amendments-to-economic-indicators\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt\u2019s House drafting more constitutional amendments to economic indicators\",\"datePublished\":\"2019-02-05T04:35:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/05\/egypts-house-drafting-more-constitutional-amendments-to-economic-indicators\/\"},\"wordCount\":230,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"development\",\"Education\",\"EnterpriseAM\",\"healthcare\",\"legislation\",\"science\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/05\/egypts-house-drafting-more-constitutional-amendments-to-economic-indicators\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/05\/egypts-house-drafting-more-constitutional-amendments-to-economic-indicators\/\",\"name\":\"Egypt\u2019s House drafting more constitutional amendments to economic indicators - 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The lengthening of presidential terms to six years from four is part of a package of amendments to the constitution that could be unveiled on the\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\/2020\/1\/662.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":600996,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/17\/house-of-representatives-approves-in-principle-constitutional-amendments\/","url_meta":{"origin":600631,"position":2},"title":"House of Representatives approves in principle constitutional amendments","author":"enterpriseam admin","date":"17 February 2019","format":false,"excerpt":"LEGISLATION WATCH- The House of Representatives approved in principle amendments to the constitution on Thursday and sent them to committee for review, according to Al Shorouk. In total, 485 of the general assembly\u2019s 596 members voted in favor of the changes, comprising more than the required two-thirds majority. In addition\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\/2020\/1\/662.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":603263,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/17\/mps-vote-overwhelmingly-in-favor-of-constitutional-amendments\/","url_meta":{"origin":600631,"position":3},"title":"MPs vote overwhelmingly in favor of constitutional amendments","author":"enterpriseam admin","date":"17 April 2019","format":false,"excerpt":"We\u2019re going to vote next week on a new constitution after House passes proposed changes: The House of Representatives has overwhelmingly voted in favor yesterday of a package of constitutional amendments that will extend presidential terms and reinstate the upper house of parliament if approved in a national referendum, Youm7\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\/2020\/1\/662.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":600681,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/06\/houses-general-assembly-gives-nod-to-constitutional-amendments\/","url_meta":{"origin":600631,"position":4},"title":"House\u2019s general assembly gives nod to constitutional amendments","author":"enterpriseam admin","date":"6 February 2019","format":false,"excerpt":"LEGISLATION WATCH- Proposed constitutional amendments are sent to committee for discussion: The House of Representatives\u2019 general committee, which is comprised of the House speaker and heads of committees, has agreed to formally send proposed constitutional amendments to committee for discussion, according to a statement yesterday carried by Al Shorouk. 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