Bill eyed for amending law on ‘KPC’

KUWAIT CITY, June 17: Deputy National Assembly Speaker Essa Al-Kandari has indicated an intention to present a bill for amending the law on establishment of Kuwait Petroleum Corporation, so that all revenues of the corporation are sent to the State Treasury, reports Al-Qabas daily.

Al-Kandari came up with the idea of this bill after agitations were rife concerning failure in directing the revenues into the State Treasury.

This was specially observed in the grilling inquests submitted by MP Shuaib Al-Muwaizri and Riyadh Al-Adsani against His Highness the Prime Minister Sheikh Jaber Al- Mubarak Al-Sabah. The grilling unveiled a revelation that various government agencies did not send revenues worth about KD20 billion into the State Treasury and had retained that huge sum.

According to a source, the next parliamentary term will focus on enacting laws to mandate five governmental agencies to pay revenues into the State Treasury. These agencies are Kuwait Petroleum Corporation, Public Authority for Industry, Kuwait Ports Authority, Kuwait Fund for Arab Economic Development, and Central Bank of Kuwait. He affirmed that the pledges made by some ministers when they were discussing budgets of these agencies were no longer sufficient to guarantee compliance since change in government appointments can affect some of them.

The source said, “This is why the decision to enact a law for obligating those authorities to pay into the State Treasury became necessary”. Meanwhile, the Education, Culture and Guidance Affairs Committee in the Parliament will finalize the governmental universities draft law at the beginning of the next legislative round, reports Al-Anba daily quoting sources.

Sources confirmed the committee made considerable progress in discussing articles of the draft law as it has completed half of these articles. Meanwhile, committee member MP Dr Ouda Al-Rouwaiei has unveiled their plan to prioritize education issues in the next legislative round. In the meantime, Minister of Social Affairs and Labor, and State Minister for Economic Affairs Hind Al-Sabeeh affirmed that the development plan has not proffered any applicable solution to break the interwoven and overlapping prerogatives among the executive and monitoring authorities, which has negative implications on execution of projects contained in the plan, reports Al-Shahed daily.

The minister stressed that the plan could not reflect the policies aimed at ensuring the private sector plays vital roles, and that it has depended on quantity, not quality. She further criticized the plan, saying it did not consider the standard of quality in selection of programs and projects such that it seemed as though the economic reform document, which was presented and approved by the government, was not considered while preparing the plan. Al-Sabeeh explained that the plan was not arranged based on the developmental priorities.

It contained a weak link between policies and listing of projects. This is in addition to exaggeration of the massiveness of the listed projects when number of the national manpower did not change. She declared that there is no clear vision in the way big projects such as Mubarak Port, Jaber Hospital and Al- Shaddadiya University City are being managed.

Check Also

Kuwait Petroleum Corporation to begin face print ‘attendance’ – First in country

KUWAIT CITY, March 22: Kuwait Petroleum Corporation (KPC) has started installing the face print attendance …

Translate »