Study to stop expatriates from remitting more than their monthly salary
Governmental authorities are studying the possibility of issuing a decision to instruct money exchange bureaus in the country to prevent expatriates from remitting more than their monthly salary in one month, reports Al-Qabas daily quoting informed sources.
They explained, “For example, if an expatriate’s monthly salary is KD 600, he will not be able to remit more than KD 600 to his country in one month”.
The sources clarified that the expatriates remit about 6.9 percent of the country’s total revenues, which however has a direct impact on the country’s economy. Moreover, it has been observed that the remittances have been increasing lately.
Source : Arabtimes
Kuwait News
- Events in Kuwait
- Construction starts on Kuwait Energy Park
- 50 workers return from Kuwait
- A mom burnt her daughter by cigarettes and hot water , Kuwait
- Kuwait introduces compulsory medical consent forms
- Payment by your New Civil ID
- Man arrested for robbing 11 cars , Kuwait
- Shop and Give warmth | Events in Kuwait
- Gulf Run Karting Race | Events in Kuwait
- Mental Health Movie Night | Events in Kuwait
- Stop the violence – free course for women | Events in Kuwait
- Couple Arrested , Kuwait
- Policeman as head of a gang of robbers , Kuwait
- Raids on Salmiya Cafes , Kuwait
- Arrested, who used his wife, her sister and the wife of his brother for prostitution purposes in Fahaheel
- PEFK 3rd Annual Event & Mega Interschool Competition
- Food Truck Fest in Salmiya , Kuwait
- Winter Music Fest – Kuwait
- Screenwriting Workshop , Kuwait
- Kuwait Riders – 6th Bike Show
- Fashion Fair in Avenues , Kuwait
Filed in: All • Expats in Kuwait • Info • Local News
Subscribe
If you enjoyed this article, subscribe to receive more just like it.
