Latest News
- Kuwait-Jordan Durra Field Joint Statement Rejected By Iran
- GTD Cracks Down On Vehicle Noise Pollution In Sulaibiya
- Mystery Of Dead Fish At Shuwaikh Beach Sparks Urgent Action
- MEW To Complete Links With The Interior And Justice Ministries B...
- 8 Expats Jailed For Bribing An Officer To Obtain Driver's Licens...
- Weekend Weather Is Expected To Be Hot
- From Tomorrow, Traffic Diversion On Third Ring Road
- Ministry Of Health Refute Rumors On Non-availability Of Antibiot...
- Amir Of Kuwait And Jordan King Renew Commitment To Regional Secu...
- 37 Arrested With Narcotics And Firearms
- Outrage Over Candidate's Arrest
- Six Stores Shut Down In Jahra For Selling Fake Goods
Mp Forwards Queries Regarding Law On Demographic Imbalance
MP Osama Al-Shaheen forwarded queries to Minister of Foreign Affairs and Minister of State for Cabinet Affairs Sheikh Ahmad Nasser Al-Muhammad about law number 74/2020 on the demographic imbalance. He asked why the government did not enforce Article One of the law that mandates it to name the concerned minister, Article Three which mandates the Council of Ministers to issue a decree on measures that will be taken to address the demographic imbalance, and Article Five which mandates the government to issue the executive decree on the law within one year of its publication in Kuwait Gazette.
MP Osama Al-Shaheen
He pointed out the grace period given to the government to issue the executive decree will end soon, stressing the need to implement the law and issue the decree for the government to specify the number of expatriate workers needed from every nationality according to the demand of the labor market. He added the lawmakers ratified this law, because of the failure of the government to solve the demographic imbalance.
MP Ali Al-Qattan asked Minister of Finance and Minister of State for Economic and Investment Affairs Khalifa Hamada about the following:
■Average performance of the Future Generations Fund’s investments in international share portfolios compared to international indexes in the last 10 fiscal years (separate data for each year),
â– Average performance of these investments after deducting 10 percent from the annual revenues to be added to the capital of the fund,
â– Cash reserved by Kuwait Investment Authority (KIA) in the last 10 years (separate data for each year),
â– Investment strategy adopted by KIA when it assigned a consulting office to provide advice in this regard,
â– Total cost of laying down the strategy,
■If KIA’s Board of Directors approved the strategy or not.
Â
Â
SOURCEÂ ARABTIMES
Trending News
-
Kuwait Implements Home Biometrics Services Ahead O...
14 April 2024
-
Kuwait Airways Provides Update On Flight Schedule...
14 April 2024
-
Kuwait Airways Introduces Convenient Home Luggage...
15 April 2024
-
Expat Residency Law Amended By Kuwait Ministerial...
20 April 2024
-
Two Expats Are Arrested For Stealing From Salmiya...
17 April 2024
-
An Egyptian Expat Dies At Kuwait's Airport
11 April 2024
-
Kuwait Airways Resumes Flights To Beirut And Oman...
15 April 2024
-
Bay Zero Water Park Kuwait: Summer Season Opens Ei...
11 April 2024
-
Temperature Increases Cause Electricity Load Index...
21 April 2024
-
Thief Returns Stolen Money With An Apology Letter...
15 April 2024
Comments Post Comment