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Sunday , September 27 2020

Finance approves amendments for govt ‘budget’ for fiscal 2018/2019

KUWAIT CITY, June 26: The Ministry of Finance has approved several amendments to the government budget for the fiscal 2018/2019 with the aim of settling the amount of KD 8.9 million that were disbursed at the expense of the (cash in custody, inventory) Covenant to cover the costs of accepting the resignation of four ministers and the appointment of two leaders at the rank of Undersecretary.

In a letter addressed to the Council of Ministers, the ministry said that with regard to the request to approve the transfer of KD 8.9 million from the supplementary appropriation allocated to Part I to settle the amounts that were expensed at the expense of the Covenant, provided that the settlement procedures are carried out before the end of the current fiscal year Approve the transfer of the amounts required from the supplementary appropriation for the first part of the budget for the current fiscal year in order to settle a restriction on the expense of the Covenant to cover the costs of salaries, allowances, allowances, insurance and bonuses for the employer and the appointment of two leaders under the rank of Undersecretary of the Ministry

In accordance with the rules and regulations in force in this regard, and in accordance with the rules and regulations in light of the provisions of the decisions issued by the Civil Service Commission regarding the remuneration of members of the Councils and the increase in personal status and the benefits of the employer in their services.

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