subsidy
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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…
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Tax rise on firms eyed; subsidy ‘rationalization’
KUWAIT CITY, Dec 8, (Agencies): Kuwait may raise the corporate tax rate to 10 percent for local firms and impose…
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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…
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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…
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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…
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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…
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