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Thursday , January 28 2021

Govt looking for innovative ways to lure Kuwaitis to private sector

KUWAIT CITY, May 12: The government is seeking innovative solutions to attract Kuwaitis to work in the private sector, reports Al-Anba daily quoting reliable sources.

The sources pointed out that the state in the near and long term needs to increase the number of those wishing to work in this sector, noting that among the innovative solutions that “we will announce in July, is the creation of a system that provides for the standardization of financial and in-kind work environment for employees in the private sector with employees in the government sectors.

The sources provided an example of working hours, financial and functional advantages and securing a stable working environment. The sources noted that this system may not include, at the present time, an increase in replacement rates or a doubling of financial penalties for employers.

The sources revealed that the Council of Ministers has several priorities, including determining the date of distribution of land to citizens in the South Saad Al-Abdullah city project and to see the efforts of government agencies made so far to remove obstacles.

The sources said that a report on addressing the phenomenon of housing singles in the areas will be given priority. The report includes the implementation of measures taken on the provision of housing alternatives to them and the procedures of government agencies to address this phenomenon.

In response to a question about the legislation expected to be completed before the end of the current session, the sources said coordination with the Council revolves around the insurance and collective finance laws, the bankruptcy and default laws, as well as amending the Companies Law to improve the business environment and strengthen and support the national economy.

Meanwhile, HH the Prime Minister Sheikh Jaber Al- Mubarak will visit Egypt by the end of June, reports Al- Anba daily quoting sources. Speaking to the daily, sources disclosed that the visit will focus on the relationship of the two countries in all fields; especially the economic field and increasing the value of commercial exchange.

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