KUWAIT CITY, March 11: Deputy Prime Minister, Minister of Finance and Acting Minister of Oil Anas Al-Saleh met representatives of a number of oil syndicates on Wednesday for discussing the current situation of the oil sector employees, oil sources say.
They explained that the minister gave them the choice of either including the employees of the oil sector to the Strategic Alternative to Salary Scale or approving 12 articles including cancelation or reduction of the bonuses provided to them.
The provisions of these 12 articles include paying for air tickets once in five years instead of every year and limiting health insurance only for employees during their service period. The sources revealed that the articles have banned sending employees overseas, limited the annual salary increment to KD 8, put an end to honoring of retired employees, cancelled spring camps, stopped physical training payments and canceled additional retirement bonus.
Meanwhile, sources from the oil syndicate said the representatives from the oil sector have refused to merge with the Strategic Alternative to Salary Scale and instead asked for forming a joint committee for discussing the bonuses and working on keeping some of the bonuses.
They affirmed that the oil syndicate does not intend to give up any of the rights of the oil sector employees and it warned against any attempts to pressurize it as such attempts will not succeed in making it submissive.
Meanwhile, Ministry of Finance affirmed that it will take funds only from the public reserves for meeting the deficit in the general budget, reports Al-Nahar daily.
In a press statement, Spokesperson of Ministry of Finance Khalid Al-Rubai’an denied that Kuwait is currently using the fund for future generations for financing its budget. He clarified that Article No 3 of Decree No 106/1976 bans taking money from the fund for future generations
By Fares Al-Abadan Al-Seyassah Staff