Kuwait’s Ministry of Finance is currently working to activate economic and financial reform initiatives


Finance Minister Abdulwahab Al-Rasheed confirmed that the ministry is currently working to activate the economic and financial reform initiatives included in the government’s work program, hoping to achieve the desired results within the given time frame, reports the Al-Qabas daily. Al-Rasheed, in response to the question of MP Mohalhal Al-Mudhaf, explained that the initiatives consist of rationalizing public expenditure, improving the expenditure budget, reviewing capital expenditure, improving public procurement, developing the national subsidy model, to control the salaries of government jobs, and to develop public revenues.

By revising public services, improving government revenue collection, building the capacity of tax administration, improving customs flows, improving oil revenues and developing public finance management. He added that the work of the standing committee is to follow the reports received from the regulatory authorities and to carry them out in coordination with all sectors of the ministry, including the sector concerned with the general budget. With regard to informing the department concerned by the audit of the general budget about the new program, it should be noted that the new work program of the government does not differ from the basic elements of the previous program, since the current program does not assign general budget dispute details whenever necessary.

Al-Rasheed explained that the government’s work program for the current government formation is a discussion and detail in the axes and pillars related to the government’s work program for the previous government formation, and therefore this discussion does not does not affect our answer to the previous parliamentary question. , and we have shown in the exposition of our first question

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