Kuwait:
The Central Bank of Kuwait said in a statement on Thursday that the total amount of consumer and mortgage loans owed by a Kuwaiti citizen was his KD 14.7 billion, of which KD 13 billion was home loans. But the bank claimed that 97.5% of his 550,000 borrowers in Kuwait are making regular and easy payments, of which only 2.5% of him are struggling to repay.
Lawmakers have introduced a number of so-called populist laws, including bills that require the government to purchase personal and consumer credit from citizens. The proposed law is very expensive, according to the government. State Minister Amal Al-Ajmi said on Thursday that the government should be given sufficient time to prepare legal, technical and financial studies on the bill proposed by parliamentarians.
Azimi said an agreement was needed between the government and the National Assembly on the bill, especially on the agenda for the parliament's next session on January 10. However, the minister insisted the government was keen to address issues that would bring economic benefits to Kuwaiti citizens.Member of Parliament Khaled Al-Tammar said the government has a duty to serve the interests of the Kuwaiti people. He added that the threat of dissolving the National Assembly does not prevent parliamentarians from defending the interests of the people.
Prime Minister Sheikh Ahmad Al-Nawaf Al-Sabah will meet with a number of parliamentarians on Monday to discuss cooperation between parliament and the government on proposals by key parliamentarians to put a financial strain on public funds. rice field. The prime minister was reported to have said sticking to such costly proposals could lead to the dissolution of the just-elected National Assembly in September. Meanwhile, MP Khalil Al-Saleh introduced a bill asking the authorities to prioritize the employment of children of Kuwaiti women married to non-Kuwaitis. Under Kuwaiti law, children of Kuwaiti women married to foreign husbands are not eligible for Kuwaiti citizenship. Saleh said children of Kuwaiti women should be given public sector employment after Kuwaiti citizens.
