Debate on the 2027 Finance Bill... Idris Al-Azmi Slammed the Government and Shocked Minister Fawzi Lakja!

Idris Al-Azmi Al-Idrisi, head of the Justice and Development Party caucus in the House of Representatives, criticized several measures included in the 2027 Finance Bill, warning of their implications for economic and social stability.

Al-Azmi focused on projections that corporate tax revenues would rise by more than 30 percent, asserting that this could deplete companies’ cash reserves and weaken their investment capacity.

He also argued that high-income groups would benefit more from the income tax reform than those with modest wages, proposing that these funds be redirected toward social dialogue and direct wage increases.

On the social and economic front, the parliamentary group leader raised the issue of raising the minimum pension and requested clarification regarding the number of widows receiving benefits. He also criticized the focus on allocating funds without a comprehensive economic vision, warning that the establishment of regional companies to distribute agricultural products could create monopolistic forces.

He concluded his criticisms by rejecting the permanent exemption on livestock imports, considering it a perpetuation of rent-seeking and harmful to the national herd unless it directly and tangibly translates into lower prices for consumers.