Parliament approves budget panel’s report on Roads and Land Transport

KUWAIT CITY, May 16: The Parliament, in its regular session Wednesday, approved the report of the Budgets and Final Accounts Committee on the draft laws adopting the final account of the Public Authority for Roads and Land Transport for fiscal 2016/2017 and linking the authority’s budget for fiscal 2018/2019, in addition to the reports of two supervisory bodies.

The Parliament endorsed the committee’s report on the adoption of estimates of capital expenditures and purchase of non-current assets stipulated in the draft law linking the budgets of ministries and government departments for fiscal 2018/2019. It also approved the report of the State Audit Bureau (SAB) on rejected tenders which were approved by the Council of Ministers later.

On the other hand, the Parliament agreed on returning the Justice Palace and Martyrs Park projects to the Amiri Diwan, promising that these will be the last two projects to be implemented by the Diwan. Minister of Finance Dr Nayef Al-Hajraf thanked the committee for adopting a method of approving the construction projects before the budget.

On the assets of the State, the minister said the committee reviewed these important files. “We have so far covered assets valued at KD 700 million. We cannot deal with all the accumulated assets now, since some have been existing since 1993.”

By Abubakar A. Ibrahim Arab Times Staff

Check Also

Assembly approves budgets of state agencies

KUWAIT CITY, May 24: The National Assembly, in its ordinary session Wednesday, approved the final …

Leave a Reply

Translate »