KUWAIT CITY, Jan 15: Kuwait is rushing to implement the policy of military armament. It has requested the National Assembly to allocate KD 150 million from the sovereign funds as an advance payment for the purchase of fighter jets (Euro fighter — Typhoon) worth about KD 2.6 billion. This amount is to be listed under the budget of Ministry of Defense for several fiscal years to come, starting from the current one, reports Al-Rai daily.
The government requested endorsement of extra budget for the current fiscal year of 2015/2016 to pay the advance payment. It has submitted an application, which is part of the draft law that will be tabled by the parliament, so that it can withdraw extra funds from the sovereign fund for the budget of its ministries and departments.
The draft law, which is based on the request of Ministry of Defense, is aimed to allocate funds for the ministry in order to enhance its efforts in defending the country and to cover the cost of its much needed military armament and equipment which would improve the readiness of the country’s armed forces, especially amid the current regional situation. Few days ago, the parliament had allowed the government to spend KD 3.2 billion from the sovereign fund of the state.
Meanwhile, members of the Society of Retired Officers (security and military) expressed their happiness over the decision of Ministry of Social Affairs and Labour (MoSAL) to officially recognize the organization in a ceremony held at the headquarters of Kuwait Journalists Association. In his speech, Chairman of the society retired Brigadier Al-Muqalid urged the government to utilize the experiences of retirees in the implementation of development projects, pointing out that many of these retirees hold high academic certificates and they can be of great benefit in the field of development, let alone their vast experience in various sectors, especially security.