“The new finance law brings good news for employees and the middle class!” Reducing the income tax and raising the budget for health, education, and public investment!

صحافة بلادي — Social and fiscal measures aimed at fairness to the middle class, wage earners, employees, and retirees are at the forefront of the government’s new financial directions, to complement the outcomes of the social dialogue and to continue strengthening the pillars of the social state.

Improving the net income of employees and reviewing the tax schedule (IR)

Reviewing the income tax sections and raising the ceiling on family deductions allows for a direct increase in the net wages of employees and wage earners in the public and private sectors, in addition to tax exemption for retirement pensions.

A historic budget for the health, education and employment sectors

The financial project also gives priority to the social sectors by raising the appropriations of the Ministries of Health and National Education and creating tens of thousands of new financial positions.

Available field data and indicators confirm that these rapid developments are being closely monitored by various institutional and professional actors, given their direct connection to the current economic and social challenges, and the continuous coordination they require to ensure the effectiveness of interventions and achieve a tangible impact on the ground.

In the same context, observers and specialists agree that the current stage requires continuing to value the gains achieved and accelerating the pace of implementing programs governed according to standards of good governance, transparency, and linking responsibility to accountability, in a way that responds to the aspirations of citizens and enhances the competitiveness and immunity of vital sectors.