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
- Update – Dependent visa rules for expats
- Saudi Arabia’s first alcohol store
- Visa-free entry to UK for GCC
- New unified visa platform
- Tests required for expats
- Zain Strategic Partner of VO to empower youth talents
- Islamic education teacher in Kuwait admits to sexually molesting over 50 kids
- Residences Cancelation – 6 Months and more outside Kuwait residences of expats will be automatically be canceled
- WINTER WONDERLAND KUWAIT PARK
- Why the HUAWEI Band 7 wins as The Ultra-Thin FullView Smart Band with a Long Battery Life, it is the best smart band under KD 17.900
- The best True Wireless Stereo Earbuds to buy right now: why the new HUAWEI FreeBuds Pro 2 are our favorites
- New UAE visas for job-seekers, investors, and tourists
- CityBus Launches ‘Gold Rush’ Raffle Draw to Reward Its Passengers
- Pole Dance – Saudi instructor breaks stigma by embracing pole dancing – Kuwait Times
- ‘Contaminated’ medicine kills at least 10 children
- Verifying of Expats Driving Licenses begins
- Samsung Wallet in Kuwait
- A new city in Kuwait, named XZERO
- The best trendy flagship phone of 2022: Meet the new HUAWEI nova 10 Pro
- First time in Kuwait – DISNEY PRINCESS – THE CONCERT
Filed in: All • Expats in Kuwait • Local News
Subscribe
If you enjoyed this article, subscribe to receive more just like it.
