Financial Guarantee Is Not To Pay Off Foreigners Loans - Safaa Al-hashem

The head of the Parliamentary Finance Committee, MP Safaa Al-Hashem, explained that “the financial guarantee is not to pay the loans of expatriates, and it is an attempt to save the rest of the economy.”

Al-Hashem said, “I have seen novels, conversations, and stories about the Financial Security Law … and what is being circulated about the council’s approval to pay loans to expatriates is incorrect and (empty talk!)”

She added: The law, in short, is to guarantee loans that banks will grant to those who have been damaged by Corona according to the customer’s credit study, and whoever does not deserve will not be granted a penny, pointing out that the calamity is in the draft financial guarantee law, and not in the vague understanding of its details.

Al-Hashem confirmed that “every law in its first deliberation is subject to amendments, whether in the session or upon returning to the committee, and this is normal, but the misfortune is that Finance Minister Barak Al-Sheitan is not aware of its details and is unable to defend it as it is a law and he is the one who introduced it!)

She indicated that «the draft financial guarantee law is a government project and it was the duty of the Minister of Finance to attend his entire team to respond to the inquiries of the deputies, just as the Minister of Trade Khaled Al-Roudhan did in the draft competition law», noting that «Al-Rawdan was ready, present and participated in the details of the details and the shit was Hesitant, not ready, his team did not attend and did not read, and the draft financial security law, which is supposed to be an arranged law, protects the owners of small and medium enterprises and even those whose volume of business exceeds more than 5-10 million, and it is a law trying to save what is left of the economy, so his return as a law to the committee Finance to complete the discussion is necessary with the amendments submitted.

 

SOURCE ALRAI

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