By: Ahmad Awad
Kuwait-Mubasher: The new privatization law will be finalized in the two coming months, said commerce minister Yousef Al Ali.
The ministry will submit the draft law to the parliament in order to be approved in two months, the minister said during Kuwait Investment Forum.
Privatization is a key tool for financing the deficit expected for Kuwait’s budget, according to analysts.
Foreign investors in Kuwait will get privileges, including customs and tax exemption, Al Ali clarified.
