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Govt targets state assets profits

KUWAIT CITY, May 5: A senior official committee, which includes representatives from various authorities, has started totting up and evaluating the state properties and assets with the assistance of international organizations, reports Annahar daily quoting sources.

They stressed that the value of the state assets is growing and the committee is expected to add KD 1 billion to the value of the total assets of the government.

The sources indicated that the evaluation comes as a step aimed for using these assets in the best possible manner and improving their benefits in line with the economic reform document in order to deal with the current budget deficit.

They revealed that the evaluation process of the state assets will end by July, affirming that the benefits from these assets will increase by at least 30-40 percent

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