Setting Up Some Government-owned Companies Which Solved The Problem Of Food Security To Curb Rise In Prices

09 August 2019 Kuwait

MP Abdullah Al-Kanderi has submitted a proposal to establish the government-owned Kuwait Fish and Vegetables Company in which various investment sectors in the government will own shares, disclosing that the company’s activities include production of fish and different types of vegetables for trading.

The proposal states that the company will acquire land and real estate properties for fisheries and vegetable farming.  It will transport goods directly or through a representative in or outside the country, in addition to acquiring means of land and sea transportation for this purpose, the lawmaker explained.

He said, “The company’s main objective is to stabilize prices of commodities which keep on skyrocketing without justification.  It will enable consumers to purchase fish at affordable prices and eliminate cases of hoarding fish and vegetables by some Kuwaiti and expatriate traders.”  

He pointed out this proposal is essential, considering the success that Kuwait recorded in setting up some government-owned companies which solved the problem of food security such as Al-Mawashi Trading Company and Kuwait Flour Mills and Bakeries Company.

Meanwhile, MP Riyadh Al-Adsani affirmed that the grilling of Deputy Prime Minister and Minister of Interior Lieutenat General Sheikh Khalid Al-Jarrah Al-Sabah is ready for submission once the National Assembly reconvenes or even during the summer recess. 

He reiterated that he previously called for appointment of a new minister for the Ministry of Interior in the interest of the nation and this will be confirmed once the grilling motion is submitted.

He told reporters that the minister should take advantage of the summer period to implement reforms, indicating this is a difficult task if the minister uses the same method.  He urged the minister to prove him wrong by addressing violations mentioned in the reports of monitoring agencies.

In another development, Al-Adsani denied the allegation that he defended the director general of Al-Durra Domestic Workers Recruitment Company because they are close.  He asserted, “This is a fallacy. The ministers will remember that I opposed the establishment of the company, so how could I influence the appointment of its director general?  It is worthy to note that the man was appointed by the board of directors after the publication of an advertisement on the need to fill up the post.”

Talking about the State budget, Al-Adsani stressed the need to adhere to the rules and regulations in this regard. He pointed out the final account shows the actual budget and the government’s extent of adherence to the rules in terms of general revenues and expenditures. He added the parliamentary Budgets and Final Accounts Committee discussed some issues raised during the grilling of the concerned minister and shed light on the expenditures of affiliated and independent agencies.

SOURCE : ARABTIMES

: 341

Comments Post Comment

Leave a Comment