No fuel subsidies for expats
The 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 various goods and services.
Official government sources stressed that energy and product subsidies would not be lifted from citizens with low and medium incomes.
The sources added that a special mechanism is being prepared to determine which citizens deserve subsidies and which do not by using the smart civil ID that is to be used to get petrol at the prevailing prices.
Non-deserving citizens and expats would pay the new prices that are expected to double by the beginning of 2015, jumping from 65 to 100 fils per litre.
Petrol will be the starting point towards using further applications in the process of linking civil IDs to various daily transactions as well as getting subsidised goods.
The sources highlighted that the idea to adopt smart civil IDs was die to numerous reasons, including avoiding issuing special cards for gasoline as the current smart IDs are already ready to receive purchase data, saving fortunes that would need to be spent issuing new cards and the high security levels the new ID cards have.
Source : GD Online
Kuwait News
- Events in Kuwait
- Pink Friday Walkathon , Kuwait
- Learn From The Best , Kuwait
- Jumeirah Messilah to host Horeca Kuwait
- Bangladeshi workers back after 7-yr halt
- 5 Scenes Expo , Kuwait
- Kreate Art Movement , Kuwait
- Britain in Kuwait Exhibition
- Culturama Event , Kuwait
- Gulf countries to improve domestic workers’ condition
- 590 jobs for expats frozen , Kuwait
- Photos : Red Bull Bar Bahr , Kuwait @redbullkuwait @redbull
- Kuwait rejects India’s bank guarantee measure for recruiting domestic helpers
- Pakistan to get 90% of its gasoil supply from Kuwait
- Race Day , Kuwait
- 7 Market , Kuwait
- Air Ambulance in Kuwait
- Govinda (Indian Actor) in Kuwait by Art & Culture Asian Welfare Society, Kuwait
- Photos – Persian Music Night with Arshan , Kuwait
- Ministry of Overseas Pakistanis gets over Rs 1.40b for Kuwait war affectees
- Forget surgical napkin inside womb
Filed in: All • Expats in Kuwait • Local News
Subscribe
If you enjoyed this article, subscribe to receive more just like it.
