Subsidies
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Subsidies May Be Controlled By Smart Cards14 September 2015 The Government is currently conducting a study on the possibility of using smart cards by next year to ensure that subsidies are given only to deserving citizens, reports Al-...Kuwait May Raise Corporate Tax Rate To 10 Percent For Local Firms And Impose Limits On Energy Subsidies09 December 2015Plans to raise corporate tax, cut subsidies the commerce minister told a local newspaper yesterday, part of a broad move to introduce fiscal reforms amid pressure from low oil...No Fuel Subsidies For Expats16 December 2015The government’s decision to stop fuel subsidies is expected to have negative impact on the private sector by increasing its production costs, and thus increase the prices of...Kd 16 Billion Subsidies For The Next 3 Years - Kuwait Finance Ministry30 December 2015Undersecretary of Kuwait's Finance Ministry Khalifa Hamada said Wednesday that the expected financial subsidy by the State for citizens is projected at KD 16 billion during t...Kuwait Plans To Cut Heavy Subsidies On Fuel And Power22 January 2016Kuwait’s Emir Shaikh Sabah Al Ahmad Al Sabah has said that the country plans to cut heavy subsidies on fuel and power in a bid to offset a fall in oil revenues. “W...Panel Okays Proposal To Regulate Electricity Water And Fuel Subsidies For Government Agencies And Their Employees15 May 2017The parliamentary Legislative and Legal Affairs Committee approved Sunday the proposal to regulate electricity, water and fuel subsidies for government agencies and their employees...Govt Subsidies On Some Products Have Been Increased13 August 2017Al-Dammak added government subsidies on some products harvested in northern and southern Kuwait have been increased, while discussions held with officials of Kuwait National Petrol...Labor Subsidies Have Been Deposited In Bank Accounts Of Beneficiaries29 March 2018With the announcement made by Director of Manpower and Government Restructuring Program (MGRP) Fawzi Al-Majdali on Tuesday that national labor subsidies have been deposited in the...Paid To Holders Of In House Business Licenses Maximum By May 201803 April 2018Rapporteur of Parliament’s committee for improving business environment MP Yousef Al-Fadhala affirmed that national labor subsidies will be paid to holders of in-house busine...Mp Riyadh Al-adsani Has Urged The Government On Subsidies, Fees – Taxes Floated09 April 2019MP Riyadh Al-Adsani has urged the government to refrain from stopping subsidies on goods and services or increasing fees for services offered to citizens without consulting the Nat...15 Million Dinars Spent On Subsidies In November23 December 2019The Ministry of Commerce and Industry said it has spent 15 million dinars on subsidies during November 2019, reports Al- Rai daily. The ministry said nearly 7.2 million dinars w...End Of Economic Reforms As Kuwait Sets 71% Of Budget For Salaries And Subsidies19 January 2020The blueprint for the budget of next year starting from April is bad news. Deficit will increase along with salaries and subsidies, as well as expenses for future infrastructural p...Government Has No Plan To Cut Down Subsidies, Affect Public Pocket23 January 2020Minister of Finance and acting Minister of State for Economic Affairs Maryam Al-Aqeel denied that government has any tendency to reduce or cut down subsidies, stressing the idea of...Kuwait Mulls Cutting Subsidies For Citizens02 July 2020The government is allegedly discussing the possibility of cutting subsidies for citizens as part of a larger economic reform plan aimed at alleviating the economic impact of COVID-...Control Over Subsidies And Expenses An Urgent Need13 October 2020The current supply of cash is in the near depletion stage and quick financial solutions must be sought, local Arabic daily Al Rai reported quoting reliable sources. The daily howev...