Monday , December 11 2017

MoSAL eyes field tours to make sure citizens receiving financial support are living in Kuwait – Panel mulls reviewing subsidized diesel sold to firms

KUWAIT CITY, Sept 5: Senior officials in the Ministry of Social Affairs and Labor have instructed the researchers and administrative staff in the six governorates to conduct field tours in order to make sure that the citizens who are receiving financial support are living in Kuwait, reports Annahar daily quoting sources.

While indicating the donations collected reached millions of Kuwaiti dinars, sources said it has been discovered that many of those receiving financial support are living abroad and some of them have been residing in Europe for 15 years.

Sources disclosed the researchers have been asked to record cases of those residing outside Kuwait for the last six months and more. Sources added the financial support given to those who will be proven to be living abroad will be cancelled except those who can prove they are undergoing overseas treatment. Sources pointed out that last month’s financial support for those who did not renew their data were cancelled and they will be required to return the amount they received retroactively.

Meanwhile, sources revealed the violations uncovered in Jahra Cooperative Society include charging six coupons with the total amount of KD 180 for buying commodities in the cooperative and signed by its general manager.

Sources said the cooperative also offered commodities amounting to KD 350 as purchases to a school for girls without consulting the board of directors.

Sources added coupons whose total value reached KD 66,430 were offered as profits for shareholders although the balance was enough for granting the social support. Meanwhile, the committee for reviewing subsidies is considering a review of subsidized diesel sold to companies, industries, and public authorities, as well as government and private agencies through the reservoirs of Kuwait National Petroleum Company (KNPC), reports Al-Qabas daily quoting a source.

The same source added the decision to review prices of the product after the market has accommodated upshot of the fuel hike associated with removal of subsidy on diesel in the private gas stations. He noted Ernst and Young Company has been given the consultancy job to collaborate with Kuwait Petroleum Corporation (KPC) in preparing a study to adjust the price of diesel.

He stressed many companies buy subsidized diesel for production purpose but end up exporting its derivatives, contrary to the principle of subsidy.

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