Deputy Prime Minister and Foreign Minister Chairs the Fourth Meeting of Ministerial Council for Economy for 2025

On 10 February 2025, Deputy Prime Minister and Foreign Minister Mr. Fuad Hussein, chaired the fourth meeting of the Ministerial Council for Economy, which was held at the Council’s headquarters with the attendance of Deputy Prime Minister and Minister of Planning, the Ministers of Trade, Agriculture and Industry, the Secretary-General of the Council of Ministers, the Chairman of the Securities Commission, the Oil Ministry Undersecretary for Extraction Affairs, and the vice Chairman of the National Investment Commission, in addition to the Prime Minister’s advisors for economic and legal affairs.

The Council discussed the items on its agenda and took the necessary decisions regarding them, as it addressed some of the proposals submitted by its members to maximize revenues and respond to potential economic and financial crises resulting from political and economic changes in the region and the world. The Council also discussed the estimates of state properties for the purposes of sale or rent and the mechanisms for collecting revenues for various government departments, while emphasizing the Council of Ministers’ decision to adopt the electronic collection system. 

In support of local development, the Council decided to authorize the Governorate of Saladin to implement the project as a trust and to directly contract for the previously studied projects in line with the budget law and instructions in force. As well the council decided to complete the work of the committee specializing in studying the import of vehicles with including representatives from the General Traffic Directorate, the Ministries of Trade, Construction, Housing and Environment.

With regard to the agricultural sector, the Council stressed the need for all parties to adhere to the approved agricultural plan, and to mobilize the relevant ministries to provide the warehouses available in their departments for the benefit of the General Company for Grain Trade, with the aim of storing the wheat crop received from farmers for the next season. The Council also directed to contact the Coordinating Authority of the Governorates to allocate suitable lands to establish warehouses (silo) to store marketed wheat.

In the context of supporting local production, the Council decided to include cut chicken and processed products in the agricultural calendar, provided that the Ministry of Agriculture submits accurate data on the production of these materials locally and their ability to meet market needs, to be presented to the Ministerial Council for the Economy.