Kuwaiti parliament to fulfill subsidy rationalization late March

Kuwait-Mubasher: The government subsidy will be resolved by the Kuwaiti parliament during the coming two week, said finance committee chairman Faisal Al Shaya.

The government’s vision includes low income brackets and electricity price, amid citizens’ rationalization of consumption, Al Shaya told Mubasher during Kuwait Investment Forum held Tuesday.

It is noteworthy that the Kuwaiti parliament has been studying the government’s report on rationalizing subsidy as well as raising prices of gas and power to reduce the growing budget deficit.

 

MUBASHER Contribution Time: 08-Mar-2016 13:32 (GMT)