Gvnt Has Failed To Collect Approximately 1.5 Billion Dinars Owed To It By Various Sectors

The government has failed to collect approximately 1.5 billion dinars (equivalent to $5 billion), owed to it by various sectors, reports Al-Anba daily citing a government report.

The report stated the Ministry of Oil tops the list of defaulters because it has failed to collect up to KD 428 million from sister countries.

The Ministry of Electricity comes in second place with KD 351 million it failed to collect for services it has provided to consumers.

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The State Treasury represented by the Ministry of Finance is said to have failed to collect up to KD 247 million in the form of income taxes and labor support taxes in addition to Zakat.

On the other hand, the annual report issued by the Audit Bureau showed there were 5,286 vacancies at the end of the financial year ended March 31, which were approved for Kuwaitis.

The report pointed out, these vacancies were not filled due to shortage of funds.

SOURCE : ARABTIMES

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