CAIRO: No more browsing from site to site, view the top political news stories on August 11 here:
Parliament to meet economic group ministers over IMF loan
The economic sub-committee at the parliament is set to meet with the economic group ministers; finance, planning and investment ministers to discuss developments of the IMF loan.
The governor of Central Bank of Egypt (CBE) Tariq Amer was quoted Thursday as saying that the negotiations with the IMF over the loan were successful and that Egypt will receive a $12 billion over three years.
MP demands more youth representation at parliamentary committees
Member of Parliament Dina Abdel Aziz demanded Speaker Ali Abdel Aal to increase youth representation at the general committee, Youm7 reported.
Abdel Aziz also demanded that youth be appointed as head and undersecretary of parliamentary sub-committees.
Egyptian Democratic Party rejects VAT draft law
Egyptian Democratic Party has voiced its rejection to the draft law of the value added tax act, adding that the law will reduce the size of investments in the country, and thus will negatively affect the production and profitability in projects.
The party instead proposed an alternative, which is developing the current tax collection system by raising its efficiency which would increase taxes, Youm7 reported.
MP says confronting radical edicts on top of parliament radar
Member of Parliament Osama el-Abd said that confronting radical fatwas (Islamic edicts) that are issued by unspecialized persons and causes uproar in the society is on the top of the religious committee’s radar.
National unity draft law to be discussed at parliament: Support Egypt Coalition head
The draft law of “National unity and social coherence” has been sent to the legislative sub-committee at the parliament “to be discussed before being referred to general session for voting,” head of Support Egypt Coalition Saad el-Gamal told Youm7.