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2026-08-01T06:22:43.000Z

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Al-Tarawneh criticizes Social Security use and Umrah City funding

Al-Tarawneh criticizes Social Security use and Umrah City funding

The article includes statements by former Director General of the National Social Security Corporation, Mohamed Saleh Al-Tr available, regarding the non-interference of governments in the affairs of the institution, emphasizing that its funds are private and separate from state finances. Al-Tr available explained that the new Amrah City project, in which the institution invested 172 million dinars, is a high-risk venture due to the fact that 80% of new city projects worldwide tend to fail. He stressed that studies should begin with infrastructure development before moving on to recreational facilities such as stadiums. Additionally, he criticized the amendments to the Social Security Law introduced by the previous Prime Minister, noting that current investment returns range between 5 and 6%, which is lower than the rates in some other countries, reaching up to 16%.

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