Saturday , October 20 2018

Tag Archives: subsidies

‘Ration items cost govt KD178m’

KUWAIT CITY, March 5: Minister of Commerce and Industry and State Minister for Youth Affairs Khalid Al-Rawdan has confirmed continuous development of the food security system, while the training of youths to prepare them to enter the labor market is one of the government’s priorities, reports Al-Shahid daily. Al-Rawdan disclosed …

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Customs foils bid to smuggle cigarettes & subsidized food

 KUWAIT CITY, Feb 10: A large quantity of cigarettes which was being smuggled to Saudi Arabia from Kuwait was confiscated at Salmi border checkpoint. According to sources, Salmi customs officers were on alert based on instructions from Salmi Customs Supervisor Mater Al-Saeedi and were inspecting everyone who passed through …

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Bid to smuggle ‘ration’ food by an Egyptian foiled

KUWAIT CITY, Feb 7: Customs officers at the Salmi border post have arrested an unidentified Egyptian for attempting to smuggle out of the country subsidized foodstuff, reports Al-Rai daily. During interrogation the man said he bought the foodstuff from an open makeshift market in Jleeb Al- Shuyoukh. He also said …

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Strict measures taken to curb smuggling of subsidized food

KUWAIT CITY, Nov 23: The Ministry of Commerce and Industry called on the concerned monitoring bodies to take stricter measures to prevent smuggling of subsidized commodities after discovering that a large quantity of these commodities are being sold in other countries, reports Al-Qabas daily. The ministry pointed out that the …

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Huge quantity of subsidized items on illegal sale seized

KUWAIT CITY, June 7: Emergency team affiliated to the Department of Monitoring and Consumer Protection seized a quantity of subsidized commodities at a makeshift market in Jleeb Al-Shuyoukh. In a statement, the department said Sadeeq Emergency Team in cooperation with Ministry of Interior acted on a tip-off regarding some individuals …

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Panel okays proposal to regulate electricity, water, fuel subsidies

Approval for govt agencies and their employees KUWAIT CITY, May 14: The parliamentary Legislative and Legal Affairs Committee approved Sunday the proposal to regulate electricity, water and fuel subsidies for government agencies and their employees. The committee also approved bills on inclusion of the children of Kuwaiti women married to …

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Fodder subsidy to continue for cattle owned by citizens – Plan to relocate fish auction sites

KUWAIT CITY, March 8: Minister of Awqaf and Islamic Affairs and State Minister for Municipal Affairs Mohammad Al-Jabri has declared that Public Authority for Agricultural Affairs and Fish Resources (PAAAFR) intends to reinstate the subsidy for fodder such that a bag of fodder will cost KD 3.450 instead of the …

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Subsidy phase-out by 2020 proposed

KUWAIT CITY, Feb 20: The government may decide to repeal all forms of subsidy by March 2020 if it implements the remaining aspects of the recommendations contained in the report of Ernst &Young, which the Ministry of Finance assigned to prepare the roadmap for subsidy reform, reports Arab Times daily. …

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IMF urges subsidy reforms

KUWAIT CITY, Nov 16, (AFP): Kuwait must enact further subsidy reforms to trim its budget deficit resulting from low oil prices despite political sensitivity, the International Monetary Fund has said. Posting its first budget shortfall of $15 billion last fiscal year following 16 years of surpluses, OPEC member Kuwait has …

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Subsidies end by 2020 – Phase-out to ease financial stress

KUWAIT CITY, Oct 31, (AFP): The Gulf state of Kuwait, under financial stress due to low oil prices, plans to end all forms of public subsidies by 2020, a report published on Monday said. A committee set up by the finance ministry to review all public subsidies said it plans …

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