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HH the Amir (right), addressing the Cabinet as HH the Crown Prince (left), looks on.
‘Correct mistakes, return to right path’ AMIR HIGHLIGHTS CHALLENGES FACING REGION

KUWAIT CITY, Oct 8, (KUNA): His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah chaired on Monday a Cabinet meeting at Seif Palace attended by His Highness the Crown Prince Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah and Deputy Minister of Amiri Diwan Affairs Sheikh Ali Jarrah Al-Sabah.
After the meeting Information Minister and Minister of State for Cabinet Affairs Sheikh Mohammed Abdullah Al-Mubarak Al-Sabah said that His Highness the Amir spoke about various developments and domestic matters in light of the Constitutional Court’s ruling issued on Sept 20 on the appeal made by the government to the Constitutional Court in Law No. 42 of 2006 on re-defining constituencies followed by the issuance of a decree to dissolve the National Assembly of 2009.

The Amir also touched on the overall recent situation in the country, urging for careful reconsideration of matters that offend Kuwait’s status, reputation, capabilities and its different merits.

The Amir also called for correcting mistakes and returning to the right path. He also noted the need to reconsider the mechanism of projects preparation and take the shortcut when it comes to (time consuming) paper work.

He also stressed the importance of paying attention to what affects citizens’ concerns and interests and work to provide what they need of services in various areas and fields and all that would relieve their life burdens, including those related to securing housing for citizens, including provision of residential plots, securing infrastructure and services as an urgent priority as housing is one of the key elements of stability for the Kuwaiti family.

He also underscored the importance of working on the completion of a number of bills that would achieve a quantum leap in government work and overcome the obstacles that hinder the sought achievements citizens await, including speeding up the completion of an integrated bill to find practical ways to combat corruption, financial disclosure, as well as a draft law establishing the National Committee to organize the elections and election campaigns, so as to enhance the integrity of the election process, and a bill to renounce hatred and maintenance of national unity, and the criminalization of all actions which represent prejudice to the unity of Kuwaitis.

The Amir also urged everyone to work as one hand in order to achieve stability, which is the basis of all achievements and maintaining the security of the country and national unity, and uphold the interest of Kuwait over other interests.

He stressed that out of his grave responsibility before God and loyal Kuwaiti people, he would not hesitate at all in taking all the steps and measures that preserve reasons of security and stability and decent living for the Kuwaiti people, and all that leads to their progress and prosperity.

The Amir expressed his full confidence in the consciousness of the people of Kuwait and their awareness in the seriousness of the volatile situation experienced by many countries of the region and their implications and effects, which require taking all means of caution and vigilance and “work on our cohesion to maintain our national unity.”

His Highness the Crown Prince and His Highness the Prime Minister Sheikh Jaber Mubarak Al-Hamad Al-Sabah expressed great appreciation and pride for the parental feelings expressed by His Highness the Amir which are characterized by a spirit of great responsibility towards the nation and people.
Meanwhile, Minister of Public Works Dr Fadhel Safar said Monday that a successful economy in a country was considered to be one of the main cornerstones for development and progress, a notion for a thriving national economy plans toward the country’s transformation into a financial and commercial hub, reflecting vision of the Amir Sabah Al-Ahmad Al-Jaber Al-Sabah.

In an interview with KUNA, the minister added that the Kuwaiti economy has depended for the past 50 years on oil and its revenues to achieve noticeable expansion and a comprehensive thrive, in turn the result was limited contribution to the Gross Domestic Product (GDP) by the private sector due to complete control of the public sector to the economy’s drive.

The minister added the public sector contributed 62 percent from the total GDP in 2008-09, and on the other hand the private sector share was 37 percent, however, Safar added due to the wise political leadership and the execution of the developmental plan, Kuwait’s economy improved, despite the fact it needs more attention.

The minister also pointed out a report by the International Monetary Fund issued in April 2012, showed that strong results achieved by the Kuwaiti economy in recent years with the need to continue to invest in infrastructure, health, education and the increased participation of the private sector as well as to diversify Kuwait’s economy and focus on addressing imbalances.

The minister noted that the growing economy during 2012 was because of increased government spending which increased GDP rate to 6.6 percent in 2012.

With regard to real estate sector, Safar confirmed that with “a closer look at this sector we find it coherent and strong and it may be weakened at times, but remain vibrant, especially when we see a small number of purchasing or selling we see market fluctuations due internal or external conditions.” The minister went on to say that the ministry of Works has signed a number of developmenting contracts, including building bridges and highways which will take various phases in future.

With regard to developmental projects, the minister noted that the development plan includes several types of projects in all economic and social sectors which include priority infrastructure projects.


KUWAIT CITY: The government of Kuwait approved, during its Monday meeting, a draft law of budget of ministries and government administrations of fiscal year 2012-13, Minister of Finance Nayef Al-Hajraf said.
The projected revenues are KD 13.932 billion while estimated expenditure at KD 21.24 billion, Al-Hajraf, also Acting Minister of Education and Minister of Higher Education, said in a statement.
He said the government also approved bills regarding budgets of government-affiliated authorities and independent administrations.
Al-Hajraf, meanwhile, said the Ministry of Finance cut spending projection in the 2012-13 budget by 5.5 percent.
The minister recalled that the government, in its September 17 meeting, approved allocation of 25 percent of state’s revenues to the future generations fund.

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