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Monday, 23 May 2016

MPs criticising Egypt’s monetary, fiscal policy could face consequences –House speaker

House Speaker Ali Abdel Aal warned parliamentarians that criticising Egypt’s monetary and fiscal policies in the media could see them become the subject of a hearing at the House ethics committee — a prelude to more serious punishments, Reuters’ Arabic service reports. “Some MPs consistently appear on television programs talking about the monetary policy of the state, undermining the national economy … during these sensitive times in which we live,” he said during a session. The House will not “tolerate any criticism or attack on — nor will we allow anyone to speak in public on the monetary policy of the state — based on false information.” His statements came the same day as Finance Minister Amr El Garhy and Planning Minister Ashraf Al Araby made detailed presentations to the House on the 2016-17 budget and year one of Vision 2003 (see Spotlight for more on both plans).

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