Mon Aug 3, 2020 22:47:14
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In the weekly cabinet meeting chaired by the President;

Cabinet approves implementation regulations of article of lifting production obstacles

Cabinet held its regular weekly meeting on Wednesday, approving the implementation regulations of lifting obstacles of competitive production and upgrading financial system of the country and also a note of budget law of the current year.

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Wed 28 - October 2015 - 14:54

The bill of transparency of funds and expenses of presidential, parliamentary, and Islamic Councils campaigns were also reviewed and a part of it approved, leaving the rest of the discussion for the next meeting.

According to these regulations, executive bodies will be authorised to support production units by paying them up to 50 percent of the research or upgrading environmental conditions funds in specific areas.

Furthermore, it was agreed to allocate about $590,000 to two ministries, 70 percent to Ministry of Industry, Mine and Trade and 30 percent to Ministry of Agriculture Jihad.

In this meeting, a number of other regulations related to executive bodies and banking and loans system.

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