Kuwait Plans To Reduce The Effect Of Fuel Price Increase On Citizens
Category: Information

An official from Ministry of Electricity and Water has refuted claims that the ministry intends to cancel the debts that citizens owe the ministry. He explained that a number of debtors are expecting cancellation of their debts which accumulated over the years when they failed to pay on time. This expectation resulted from rumors circulating in diwaniyas and social media about a surprise decision of the government to cancel debts and give grants, similar to the move made by the government few years ago when it cancelled KD 2,000 from the debts of citizens.

The official revealed that these debts are monies owed to the ministry, adding that those expecting the government’s surprise decision are in thousands and their accumulated debts reach millions of dinars. He affirmed that the debts will not be cancelled especially amid the reduction of subsidies and rationalization of expenditures.

The official said the ministry has already started taking punitive measures such as disconnecting water supply as preliminary steps towards disconnecting electricity supply. The supreme committee formed for following up execution of the procedures of economic reform document has prepared a plan to reduce the effect of fuel price increase on citizens, reports Al-Anba daily quoting high-ranking financial sources.

They explained that the plan mainly focuses on publishing statistics related to the fuel price following its increase in order to prove that the fuel prices in Kuwait are lesser than other countries even after the price hike.



21 Nov, 2016 0 990
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