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Tag Archives: subsidies

Subsidy cuts on petrol to hurt citizens, expats – Smart ID holders to benefit

KUWAIT CITY, Dec 13: Subsequent to announcement by the Ministry of Finance few days ago, which confirmed that government will first lift subsidy from petrol …

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‘Subsidy cut on 17 commodities to be implemented in this fiscal year’ – GMRP eyes to transfer 59,000 Kuwaitis from public to private sector

KUWAIT CITY, Dec 12: High-ranking sources from the Ministry of Finance have said the decision to reduce subsidy on 17 commodities, including fuel, will be …

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Kuwait, Gulf warm to subsidy cuts – MP URGES MEASURES TO CURB IMPACT OF OIL PRICE DROP

KUWAIT CITY, Dec 7: Kuwait’s government is showing a willingness to push forward fiscal reforms including subsidy cuts needed to support its currency in an …

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High-earners may lose ration card ‘privilege’

KUWAIT CITY, Nov 28: In the process of streamlining expenditures to cover about KD 7 billion budget deficits, the Council of Ministers in a matter …

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MP slams ministry for failure to control hike in goods rates – ‘KD 28,000 monthly salary and govt subsidy too’

KUWAIT CITY, Nov 24: MP Faisal Al-Kandari has criticized the Ministry of Commerce and Industry for its alleged failure to control prices of consumer goods, …

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‘Diversify to cut budget deficit’ – Subsidies will not be slashed: MP

KUWAIT CITY, Oct 4: Chairman of the National Assembly’s Financial Affairs Committee MP Faisal Al- Shaye said the committee next week will submit a number …

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Bahrain lifts meat subsidies as oil bites

Move to save money as low oil prices hit state finances MANAMA, Oct 3, (RTRS): Bahrain more than doubled the prices of beef and chicken …

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Gulf states begin to tackle subsidy reform

KUWAIT CITY, Sept 28:  For decades, GCC countries have had some of the world’s most generous energy subsidies. With oil prices reaching new lows, authorities …

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Minister again denies rumors that govt intends to cancel subsidies

KUWAIT CITY, Sept 28: Minister of Commerce and Industry DrYusuf Al- Ali has denied the rumor that the government intends to cancel subsidies for citizens, …

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‘Fuel subsidy cuts will harm low income, migrant workers’ – Wage reforms needed

KUWAIT CITY, Sept 23: In this week’s Arab Times online poll, readers weighed in on the issue of fuel subsidy reform in Kuwait with the …

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