KUWAIT CITY, July 9: The government is expected to approve new procedures related to the salary scale for chairpersons and members of the boards of directors of various government agencies and departments; including some entities with independent budgets, reports Al- Rai daily quoting sources.

Sources revealed this step is a prelude to laying down a comprehensive strategy to organize the oversight work of the abovementioned entities as per the plan on achieving common good. Sources said “the amendments include granting board chairpersons a monthly salary of about KD6,000; KD5,000 for vice chairpersons and KD4,000 for the members.” Sources unveiled that the plan to review the salaries and pensions of the board chairpersons and members includes their privileges like the stipends for travel and foreign missions and other expenses, which have been burdening the State budget.

Sources pointed out these entities have different oversight and regulatory functions like the Capital Markets Authority, Insurance Regulatory Unit, Communications Authority and other bodies that are expected to be covered by the new government procedures.