70 Pct Of State Budget Being Spent For Paying Salaries

Assistant Secretary General of Kuwait Anti-Corruption Authority (KANCOR) Salem Ali Al-Ali says the rate of submission of financial disclosure statements exceeded 98 percent out of the total 10,600 officials who were required to submit their financial statements in accordance with the law, reports Al-Anba daily.

On the sidelines of the seminar titled “Economic reform programs and their impact on combating financial and administrative corruption” organized by KANCOR recently, Al-Ali indicated that the submitted disclosure statements are currently being checked. He explained that this ratio is inconsistent because there are those who enter and leave the service. Therefore, there is always some percentage of defaulters, as witnessed in all countries worldwide.

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The defaulters are thus referred to the Public Prosecution. The authority has referred a long list of names of those who failed to submit their financial statements, and this list changes on a daily basis. Al-Ali stressed that financial disclosure statements are forms submitted in accordance with the law to protect the state funds from infringement, to strengthen control on all who hold a public position, and to immunize employees from suspicions. He added that protection of public money leads to creation of the right environment for attracting foreign investments and contributes to economic reform.

SOURCE : ARABTIMES

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