{"id":650546,"date":"2017-03-27T04:11:16","date_gmt":"2017-03-27T04:11:16","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/27\/house-economic-committee-signs-off-on-imf-loan-agreement\/"},"modified":"2017-03-27T04:11:16","modified_gmt":"2017-03-27T04:11:16","slug":"house-economic-committee-signs-off-on-imf-loan-agreement","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/27\/house-economic-committee-signs-off-on-imf-loan-agreement\/","title":{"rendered":"House Economic Committee signs off on IMF loan agreement"},"content":{"rendered":"

<\/a> The House of Representatives\u2019 Economic Committee signed off on Egypt\u2019s USD 12 bn <\/strong>bailout agreement with the IMF on Sunday<\/strong> during a joint meeting with members of the Budgeting Committee and Finance Minister Amr El Garhy, Al Mal reports<\/a>. The committees will prepare a report on the agreement before it\u2019s sent to the House general assembly for a plenary session vote, MPs tell the newspaper.<\/p>\n

The House also gave its final nod of approval to the Industrial Permits Act<\/strong> during its plenary session yesterday, Al Shorouk<\/a> reports. Under the new act, licenses issued will automatically be renewed on an annual basis, replacing the current system of issuing temporary permits valid for 3-5 years. The act aims to cut wait times for industrial licenses to as little as 30 days and guarantees investors will receive licenses if they can prove their facilities meet health, safety, and environmental regulations.<\/p>\n","protected":false},"excerpt":{"rendered":"

The House of Representatives\u2019 Economic Committee signed off on Egypt\u2019s USD 12 bn bailout agreement with the IMF on Sunday during a joint meeting with members of the Budgeting Committee and Finance Minister Amr El Garhy, Al Mal reports. The committees will prepare a report on the agreement before it\u2019s sent to the House general […]<\/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":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-650546","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"42704380-6a8e-49bb-8625-d4b1643ebf6e","order":"0","is_powered_by":true,"section_story_id":"e8c5f368-591f-466b-885a-021220601f1e","story_type":"1","photo_url":"","photo_position":"above","related_issue":[650529],"teaser":"","voice_url":""},"yoast_head":"\nHouse Economic Committee signs off on IMF loan agreement - 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\/2017\/03\/27\/house-economic-committee-signs-off-on-imf-loan-agreement\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"House Economic Committee signs off on IMF loan agreement\" \/>\n<meta property=\"og:description\" content=\"The House of Representatives\u2019 Economic Committee signed off on Egypt\u2019s USD 12 bn bailout agreement with the IMF on Sunday during a joint meeting with members of the Budgeting Committee and Finance Minister Amr El Garhy, Al Mal reports. 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The amended act is expected to bring\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":635957,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/18\/house-plenary-session-approves-39-articles-of-universal-healthcare-act\/","url_meta":{"origin":650546,"position":1},"title":"House plenary session approves 39 articles of Universal Healthcare Act","author":"enterpriseam admin","date":"18 December 2017","format":false,"excerpt":"LEGISLATION WATCH- The House of Representatives approved yesterday 39 articles of the Universal Healthcare Act during its first plenary debate of the law, Al Shorouk reports. Articles that passed included those setting up the three regulators which will monitor implementing the new healthcare system. Debate of the law had been\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":650100,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/16\/house-legislative-committee-approves-imf-loan\/","url_meta":{"origin":650546,"position":2},"title":"House Legislative Committee approves IMF loan","author":"enterpriseam admin","date":"16 March 2017","format":false,"excerpt":"The House Legislative Committee approved yesterday Egypt\u2019s USD 12 bn loan agreement with the IMF and has referred it to the Economics Committee for further review. The agreement will then be put to a vote in a plenary session, Al Mal reports. The committee\u2019s approval came despite a vocal minority\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":636015,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/19\/house-debating-amendments-to-capital-markets-act\/","url_meta":{"origin":650546,"position":3},"title":"House debating amendments to Capital Markets Act","author":"enterpriseam admin","date":"19 December 2017","format":false,"excerpt":"In other major legislative news, the House Economics Committee began discussion of amendments to the Capital Markets Act on Monday with an appearance before the committee by Financial Regulatory Authority head Mohamed Omran, Al Mal reports. The amendments will permit the introduction of financial instruments including futures trading and 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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":650600,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/28\/house-gives-its-final-approval-to-imf-loan-agreement\/","url_meta":{"origin":650546,"position":4},"title":"House gives its final approval to IMF loan agreement","author":"enterpriseam admin","date":"28 March 2017","format":false,"excerpt":"Forgive us for feeling it\u2019s a bit anticlimactic, but: The House of Representatives voted in a plenary session yesterday to approve Egypt\u2019s USD 12 bn bailout agreement with the International Monetary Fund, Ahram Gate reports. Our elected representatives grabbed what might be their last opportunity to bellyache about what they\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":637577,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/20\/house-healthcare-committee-signs-off-on-universal-healthcare-act\/","url_meta":{"origin":650546,"position":5},"title":"House Healthcare Committee signs off on Universal Healthcare Act","author":"enterpriseam admin","date":"20 November 2017","format":false,"excerpt":"LEGISLATION WATCH- The House of Representatives\u2019 Health Committee has given its approval to the Universal Healthcare Act \u2014 the government\u2019s EGP 600 bn plan to expand quality government-sponsored healthcare coverage nationwide, Health Minister Ahmed Rady announced on Sunday, according to Al Shorouk. 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