Freezing The Economic Reform Document Not Affect The Prices Of Fuel

06 April 2017 Kuwait

Recent statements about freezing the economic reform document does not mean the new prices of fuel, water and electricity will be revoked, reports Annahar daily quoting source. The same source explained the prices of fuel, electricity and water have already been approved and enforced, and there’s no turning back. They noted the decision to freeze the document has yet to be approved pending completion of the new document accepted by all stakeholders.

However, the decision to lift all sorts of government subsidies has been suspended until the new document is issued and it includes the postponement of all discussions about taxation, privatization of official establishments, evaluation of public assets, raising rents, new prices of services and commodities and inauguration of new official News in Brief bodies or public authorities.

SOURCE : ARABTIMES

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