Wednesday , October 17 2018

Tag Archives: subsidy

Ration in July reaches KD 17 mln

KUWAIT CITY, Sept 29: Ministry of Commerce and Industry has provided ration of several commodities worth KD 17 million in the month of July, which is 12 percent less than the previous month, reports Al-Rai daily. The basic commodities that were distributed through the ration card for the month were …

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More ration food items seized

KUWAIT CITY, Feb 28: Customs officers at the Salmi border post have confiscated large quantities of subsidized foodstuffs, including milk powder, oil, rice, tomato paste and others, reports Al- Anba daily. The daily added, the contraband was found hidden beneath the goods in a truck which was on its way …

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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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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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Ministry to intensify drive against selling of subsidized commodities – Monitoring teams foil attempts to sell stock feeds

KUWAIT CITY, Feb 28: Assistant Undersecretary for Commercial Monitoring and Consumer Protection in the Ministry of Commerce and Industry Eid Al-Rushaidi has affirmed that the ministry is fighting against the sale of food rations or subsidized commodities, stressing the ministry is on the lookout for those violations, reports Al-Shahed daily. …

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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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‘No other subsidy to be lifted’

KUWAIT CITY, Oct 14: Undersecretary of Ministry of Finance Khalifa Hamada has affirmed that, “No other subsidy will be lifted soon, as the government will be holding discussions about its reforms”. In a press statement he issued during the ninth meeting of the Treasurers of Middle East and Africa, which …

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‘Don’t give ration products to those under 18’

KUWAIT CITY, Sept 9: The Ministry of Commerce and Industry issued a circular to all supplies branches in the six governorates to stop giving ration products to those under 18 years old, even if their names are listed on the ration card, reports Al-Rai daily quoting sources. The circular also …

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DARK ECONOMIC SITUATION AWAITS INACTION – Time up to carry out economic reforms: World Bank to Kuwait

KUWAIT CITY, Dec 28: The issue of streamlining expenditure and cutting down subsidies has resurfaced after the recent report of government’s financial consultant, Earnest & Young, and the visit of President of the Executive Board of World Bank Dr Merza Hassan who met with the Parliament Speaker Marzouq Al- Ghanim. …

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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 and gradually include other commodities, government sources have said the system of preserving subsidy on petrol will be applied through civil ID to guarantee the …

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