Friday , September 21 2018

Tag Archives: petrol price

Several activists describe fuel subsidy of 75 liters as improper – ‘No short, medium or long-term plans to liberate fuel prices’

KUWAIT CITY, Oct 7: Several political activists criticized what they regard as the government’s attempt to please citizens with monthly fuel subsidy of 75 liters, describing the move as improper since the compensation does not exceed KD 7 and it would have been better if the government either stood firm …

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Kuwaitis standard of living won’t be touched: Speaker – ‘Fuel deal can still be challenged’

KUWAIT CITY, Oct 6, (KUNA): National Assembly Speaker Marzouq Al-Ghanim stressed on Wednesday that the government and the parliament are committed to His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah’s directives and not to touch Kuwaitis’ standard of living. The legislative and executive powers are committed to His Highness …

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3 MPs to present ‘grilling’ request against Finance Minister over fuel price hike – Citizens experiencing difficulties in daily lives: Ashour

KUWAIT CITY, Oct 6: MPs Abdullah Al-Turaiji, Ali Al-Khamees and Ahmed Al-Mutei have announced their plan to submit a grilling request against Finance Minister Anas Al-Saleh on the fuel price hike and result of the recent meeting between the executive and legislative authorities in this regard. In a press statement …

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Free liters lighten load for Kuwaitis – Fuel subsidized

KUWAIT CITY, Oct 5: The Kuwaiti government agreed to compensate citizens for hiking petrol prices in a plan to “partially liberalise” the fuel subsidy, Parliament Speaker Marzouq Al-Ghanem said on Wednesday. Those holding driver’s licences would be compensated with a quantity of “free petrol” each month, Ghanem told reporters after …

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Govt appeals court ruling on decision to raise price of fuel

KUWAIT CITY, Oct 5: The government appealed, at exactly 11:30 am Wednesday, against the First Instance Court’s ruling on its decision to increase the prices of fuel. The court had earlier ruled that the procedures followed by the government in relation to the fuel price hike were illegal. The court …

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Lawmakers voice optimism over discussion on fuel price increase – ‘Need to grant financial support to citizens’

KUWAIT CITY, Oct 4: Lawmakers have voiced optimism over the government-Parliament meeting scheduled for Wednesday to discuss repercussions of the fuel price hike. National Assembly Speaker Marzouq Al- Ghanim hopes the two authorities will reach an agreement on gasoline prices without harming the citizens. He said he was honored to …

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KD 20 compensation coupons for fuel price hike criticized

KUWAIT CITY, Oct 2: Many economists have criticized the idea of granting KD 20 for each citizen who holds a driving license as compensation for the fuel price hike, pointing out that cancellation of the new prices is better and the cost is lower, reports Al-Jaridah daily. Some economists are …

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Compensation eyed over fuel price hike – ‘Last chance to avoid clash’

KUWAIT CITY, Oct 1: Few days prior to a joint executive-legislative meeting scheduled to be held on Wednesday for discussing palliative measures to relieve citizens from effects of the fuel price hike, the government has reportedly been considering the need to present some mechanisms for compensating citizens as “the last …

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No increase in prices after fuel hike: report – 5 pc rise in some items: official

KUWAIT CITY, Sept 29: Chairman of the Union of Consumer Cooperative Societies (UCCS) Dr Saad Al-Shabou affirmed that his meetings with the Minister of Commerce and Industry Yousef Al-Ali are part of the consistent coordination between the union and the ministry to monitor price increase in cooperative societies. Dr Al-Shabou …

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Court finds fuel hike ‘unlawful’ – ‘No wage cuts’

KUWAIT CITY, Sept 28, (Agencies): A Kuwaiti court on Wednesday said the government decision to increase petrol prices was unlawful nearly one month after it took effect in the country. The court said the decision “breached the law” because of procedural flaws, according to a copy of the verdict obtained …

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