Deputy Chief of Staff is calling for the new cheque bill to be reviewed in parliament

Deputy Emad Saderi on Friday 13 November 2026 called for a thorough assessment of the implications of the new law relating to checks, during the deliberations of the Assembly of the Representatives of the People dedicated to discussing the mission of the Ministry of Finance within the draft state budget for 2027.

The administrator explained that the country's water supply crisis during the summer revealed the repercussions of applying the new legislation on trade flows, pointing out that a disruption in transactions requires reviewing the economic results of the law and standing on its field effects.

The MP asks how accurate data and assessments are available to measure the achievement of the legislative text's objectives, demanding that deficiencies be addressed and vulnerability or shortcomings in the application modified to avoid continued negative impacts on traders' activity.

The Assembly of the Representatives of the People had ratified on 30 July 2024 Law No. 41 for the year 2024 amended to the provisions of the trade journal, which came into effect in February 2025 with the aim of reducing the issuance of cheques without balance and reorganizing financial transactions.

The law includes the adoption of a financial ceiling for cheque books, a unified digital platform and mediation mechanisms to facilitate the easing of prison sentences, amid a split in opinion between those who see it as protecting dealers and restoring the role of a check as a means of payment, and those who are wary of its impact on liquidity and SMEs.