Tag Archives: privatization

Partial ‘privatization’ eyed in public sector

KUWAIT CITY, April 5: Within a few months, steps will be taken to carry out partial and orderly privatization in the public sector in a deliberate and balanced manner, says a high level government source. The source stressed these steps will take into full account the rights of the employees …

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‘Consider employee rights before any steps taken for privatization’

KUWAIT CITY, March 18: Former minister and MP Yaqoub Al-Sane’a stated the economic reform document entails privatization of some sectors, which he sees as a grave error. He made the disclosure at a symposium held in his diwaniya discussing a number of issues and noted Kuwaiti laws guarantee the protection …

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‘Privatization right solution’ – ‘Shun Stone Age, go for stars’

When I wanted to receive a reply to my letter on the same day when I was working in the UK, I was eager to post the letter in the box before nine in the morning and the reply would come to me before five in the evening. I do …

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Oil, education, health not for privatization: Al-Saleh

KUWAIT CITY, April 23, (KUNA): The nation’s financial and economic reform plan does not embody any notion of privatizing oil and gas production or education or health services or selling government assets to individuals or firms that may monopolize them, said Deputy Premier, Finance Minister and Acting Oil Minister Anas …

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‘Privatization draft law will be ready within two weeks’ – ‘Haraj’ market project will be implemented: MoCl

KUWAIT CITY, March 27: Minister of Commerce and Industry Yousef Al-Ali said the privatization draft law will be ready within two weeks as the ministry is currently working on the final touches to pave way for submission to the National Assembly, reports Al-Anba daily. In a press statement, the minister …

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GOVERNMENT READIES MASSIVE PRIVATIZATION PROCESS – CB warns on rating, policy shift

KUWAIT CITY, March 13: Kuwait’s central bank governor has warned that authorities may have to change monetary policy if the government does not act urgently to cut a budget deficit caused by low oil prices. Mohammad Al-Hashel said the legislative and executive branches of the government needed in the next …

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