publish time

25/07/2023

publish time

25/07/2023

The government’s program, which was approved by Parliament, for the next four years, indicated its dependence on Vision 2035, which is to transform Kuwait into an attractive financial and commercial center, in which the private sector leads economic activity. It was clear from it that it aims to raise the efficiency of achievement, consolidate values, preserve social identity, achieve human development, provide an appropriate infrastructure, advanced legislation, an encouraging business environment, and to build an advanced, sustainable and prosperous economy that improves the quality of life of citizens and raises their competitiveness in a renewable global environment.

Central to this vision is the nurturing of human capital, fostering creativity, and investing in education and training to unlock the potential of citizens. Additionally, the program prioritizes the improvement of service infrastructure, social care, and government effi ciency through enhanced transparency and responsibility. Fiscal stability is also targeted through prudent management of public fi nances, reducing dependence on oil, and prioritizing economic sectors with job creation potential.

The government’s efforts extend to ensuring social security and a decent quality of life, which entails better governance structures for projects, centralized control over expenditures, and taxation frameworks for major national companies. Key investments include infrastructure development in tourism, entertainment, and transportation sectors, including the construction of the new Kuwait airport and the railway link project with Saudi Arabia. Foreign partnerships are sought to upgrade Mubarak Port, and initiatives to construct tens of thousands of housing units are also in progress. Despite the optimistic program outlined by the government, skepticism exists.

Renowned economist Al-Siddiq Ali, an economist who has previously held prestigious government positions, expresses doubt about the successful implementation of even 5% of the proposed plan. He cites the lack of oversight and monitoring, which could hinder tangible progress on the ground. Al-Siddiq Ali emphasizes the crucial importance of addressing the dire state of education and healthcare in the country, as neglecting these critical issues could render the entire program ineffective. In conclusion, the Kuwaiti government’s Vision 2035 holds great promise for transforming the nation into a global economic powerhouse.
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Note: Whoever reads the government’s program and its hopes and aspirations feels joy, then becomes frustrated when he learns that the same government has failed, for months, to take a decision regarding the renewal of a cleaning contract of the airport!
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e-mail: [email protected]

By Ahmad Al-Sarraf