It is expected the fuel price hike on April 1, 2016

Kuwait Upto Date • March 27, 2016 • 0 Comments

As per Arabtimes, The Ministry of Finance is expected to implement the proposed fuel price hike on April 1, 2016 since the National Assembly has already approved the Economic Reform Document, reports Al-Anba daily quoting senior official sources.

However, a source from the Supreme Council for Planning rejected the idea of applying the new prices on the abovementioned date, pointing out that even if the Assembly approved the Economic Reform Document and did not ask for any changes,

it still requires referral of the document to the Parliamentary Economic Committee on March 29, 2016 so it is not possible to enforce the decision on April 1 which falls on a Friday.

Source : Arabtimes