Delays in the Council of State's legal interpretations of pending economic bills, including a draft of the Public Enterprise Corporation bill and Public Debt Management bill, are hampering the government's efforts to revive the flagging domestic economy, a source said yesterday.
"Parliament will probably not be able to hold deliberations over eight draft-bills during the current parliamentary session which is supposed to end in November," said the source.
The council, which acts as the government's advisor on legal affairs, is moving too slow in interpreting the wording of the drafts, the source added.
The Public Enterprise Corporation bill and the Public Debt Management bill are crucial to the government's efforts to propel the economy out of a recession, said the source.
The bills, having received Cabinet approval, are being scrutinised by the Council of State prior to being submitted to the parliament for debate, said the source.
