KUWAIT CITY, Oct 18: “From bad to worse” This is the situation in Kuwait Post. At a time when the country needs to invest in this vital sector to make good use of it, thevdevelopment plan is still locked in drawers due to red tape, bureaucracy and lack of seriousness in eliminating negatives, reports Al-Qabas daily. After Kuwait ranking last in the Gulf and 106 in the world in the development index issued by the Universal Postal Union for 2020, responsible sources affirmed that this vital sector has become a burden on the state, and it has reached a late state of decline and neglect despite Kuwait’s possession of the human and material resources.
The daily quoting sources were amazed at the delay in implementing the strategy of privatizing the post and turning it into a company, noting many foreign countries have recently refused to deal with Kuwait Post due to the frequent loss of letters and parcels, and the rudimentary methods of transporting and tracking them. Economic researcher Sultan Al-Jazzaf stated that government is required to deal seriously with the low ranking of Kuwait as soon as possible, given that post is a unit of measurement for the development of economy and remains an indicator in the ranking of economies.
Therefore the low ranking of postal services in Kuwait will affect the country’s economic ranking. Al-Jazzaf reiterated that postal losses are estimated at 23 million dinars annually while this sector can contribute to reviving the retail and e-commerce sector, which is considered among the important sectors for supporting the economy and the local product. He indicated the official promises to develop the sector have evaporated, and there are no solutions on the horizon to privatize or even revive it from the clinical death it is going through.