On Sunday, Moazin News obtained a document detailing the terms and conditions of lending the government employee to the private sector.
According to the document, the regulations issued by the Council of Ministers included "the observance of the conditions of competence and suitability of the employee's competence with the work of the candidate, and the loan period is one year renewable for a period not exceeding two years."
According to the regulations, "the loan may be terminated with the consent of both parties, and the loan period is calculated for years of service and retirement."
While tightening the controls on the commitment of the borrowing authority to pay the employee's salaries and benefits when the termination of his services before the end of the loan period, pointing out that the pension arrests are paid on the basis of salary of the employee in the Department of calibration.
Article 16 of the Public Finance Budget Law of 2018 provides that "the competent minister or head of the entity not connected to the Ministry or the Governor shall be allowed to loan the employee to the private sector in accordance with regulations issued by the Council of Ministers.
Economists believe that this step contributes to the revitalization of the private sector to benefit from experience in government institutions, as well as it reduces the pressure on the public budget and provide salaries to staff whose preparation has doubled dramatically.
SOURCE
According to the document, the regulations issued by the Council of Ministers included "the observance of the conditions of competence and suitability of the employee's competence with the work of the candidate, and the loan period is one year renewable for a period not exceeding two years."
According to the regulations, "the loan may be terminated with the consent of both parties, and the loan period is calculated for years of service and retirement."
While tightening the controls on the commitment of the borrowing authority to pay the employee's salaries and benefits when the termination of his services before the end of the loan period, pointing out that the pension arrests are paid on the basis of salary of the employee in the Department of calibration.
Article 16 of the Public Finance Budget Law of 2018 provides that "the competent minister or head of the entity not connected to the Ministry or the Governor shall be allowed to loan the employee to the private sector in accordance with regulations issued by the Council of Ministers.
Economists believe that this step contributes to the revitalization of the private sector to benefit from experience in government institutions, as well as it reduces the pressure on the public budget and provide salaries to staff whose preparation has doubled dramatically.
SOURCE