Arab Today, arab today kuwait wont back down on diesel kerosene subsidy cut
Last Updated : GMT 06:37:29
Arab Today, arab today
Arab Today, arab today

Minister of Oil Ali al-Omair:

Kuwait won't back down on diesel, kerosene subsidy cut

Arab Today, arab today

Arab Today, arab today Kuwait won't back down on diesel, kerosene subsidy cut

Minister of Oil Ali al-Omair
Kuwait - Arab Today

Minister of Oil and Minister of State for National Assembly Affairs Dr. Ali Al-Omair reaffirmed the government commitment to pursue decision to cut subsidy for diesel fuel and kerosene.
Speaking to reporters at the National Assembly on Monday, he urged cooperation between the legislators and the government in serving the interests of the citizens.
The minister said the government is open to consultations with MPs on the suggestion to put off the implementation of the decision to cut subsidy for diesel fuel and kerosene.
Asked about the possible emergence of fuel black market as a result of the decision, Dr. Al-Omair said: "The government is fully responsible for preventing any fraudulent activities or illegal manipulation of the oil by-products.
"The market watchdogs play their role in tracking down any unjustified attempt to raise prices or harm the consumers. The Public Prosecution is investigating some cases of smuggling of diesel fuel abroad.
"Everybody knows that the prosecution and the judiciary at large are an independent authority over which the government has no jurisdiction," he said.
The minister noted that the decision to refer to the Public Prosecution the fuel tankers which were intercepted at ports was made under a mandate from the prosecutors.
"The issue of fuel smuggling has security and economic dimensions," Dr. Al-Omair said, noting that there are beneficiaries from subsidy who do not deserve subsidy.
He added that the decision to cut subsidy for aircraft fuel made the price of this fuel in keeping with the global price level.
Regarding the possible hike in petrol prices, he said the government will not make a decision in this regard solely but will create the necessary grounds for it through consultations with MPs.
He recalled that the diesel subsidy cut came a result of proposals by MPs and the parliamentary panel on state funds during the previous legislative term.
Source: KUNA

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today kuwait wont back down on diesel kerosene subsidy cut Arab Today, arab today kuwait wont back down on diesel kerosene subsidy cut

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today kuwait wont back down on diesel kerosene subsidy cut Arab Today, arab today kuwait wont back down on diesel kerosene subsidy cut

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: حوارات وتقارير
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday