Subsidy Cut On 17 Commodities
Category: Kuwait
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High-ranking sources from the Ministry of Finance have said the decision to reduce subsidy on 17 commodities, including fuel, will be implemented in the current fiscal year (2015-2016) to increase non-oil revenue.

The source stated that government has requested “Ernest & Young” to expedite and present its report concerning the reduction of subsidy within two weeks instead of the previously agreed appointment of April, next year.

Source - Arab Times



14 Dec, 2015 2297
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