Tax and other deadlines
suspended by Parliament

Law on reevaluation of assets also passed

Parliament has passed two significant laws aimed at supporting the private sector. A temporarily suspension of legal, judicial, and contractual deadlines was approved. A law for the revaluation of assets and inventory was also passed.

The Association of Industrialists (ALI), in a statement, hailed the passages of the two laws, highlighting their potential to ensure the smooth operation of industrial institutions and various private enterprises. The association pinned its hope that this legislature would follow up with the passage of a law concerning the settlement of end-of-service compensation, a move aimed at balancing the interests of labor and employers.

ALI was optimistic that these developments mark the beginning of a long-awaited reform process, which could pave the way for a new phase that revitalizes the national economy, with a particular focus on boosting the productive sector.