Latest News
- Ministry Prepared For Peak Summer; Teams To Help Out In Emergenc...
- Teacher Assaulted By A Colleague
- Burglary Case Reported
- 3 Fuel Theft Cases In Al-Jahra & Hawally
- Municipality Launches Nationwide Campaign To Regulate Advertisin...
- Union Of Petroleum Workers Calls For A May 1 Holiday For The Wor...
- MPW Prepares For Impending Rains With Proactive Measures
- Kuwait Ministry Of Health Unveils 2024 National Anti-Smoking Pro...
- The Kuwait University Council Will Discuss AI Policy Adoption
- The Customs Union Has Halted Sit-in, Waiting For Further Develop...
- Experience Scattered Rain And Thunderstorms AheadI In Kuwait
- The Ministry Simplifies The Payment Process For 'Your Fear Is Th...
Limit On Remittances By Expats
Governmental authorities are studying the possibility of issuing a decision to instruct moneyexchange bureaus in the country to prevent expatriates from remitting more than their monthly salary in one month, reports Al-Qabas daily quoting informed sources. They explained, “For example, if an expatriate’s monthly salary is KD 600, he will not be able to remit more than KD 600 to his country in one month”.
According to daily, the expatriates remit about 6.9 percent of the country’s total revenues, which however has a direct impact on the country’s economy. Moreover, it has been observed that the remittances have been increasing lately.
Trending News
-
Expat Residency Law Amended By Kuwait Ministerial...
20 April 2024
-
Two Expats Are Arrested For Stealing From Salmiya...
17 April 2024
-
Work Permits Will Be Issued For One Year Under The...
27 April 2024
-
Ministry Announces Separate Time For Amnesty Seeke...
21 April 2024
-
Temperature Increases Cause Electricity Load Index...
21 April 2024
-
3 Expats Caught In Salmiya With 213 Bottles Of Loc...
23 April 2024
-
The Ministry Connects With Violators Of Residency...
23 April 2024
-
Al-Nuer Festival Celebrates Kuwaiti Agriculture Wi...
22 April 2024
-
The Husband Kidnaps His Kids And Travels Back Home
16 April 2024
-
Peak-time 'cut-offs' Raise Fears Of An Electricity...
22 April 2024
Comments Post Comment