Kuwait govt reviews CBK’s strategy on high-quality training for citizens

Double support for Kuwaitis at PAM

KUWAIT CITY, May 21, (KUNA): Kuwait government Monday reviewed a Central Bank’s strategy aimed at providing high-quality training for citizens to work in the banking and financial sectors.

Around 130 Kuwaiti citizens benefit from this training every year, Deputy Premier and Interior Minister Anas Al-Saleh said in a statement after a cabinet session, chaired by His Highness the Prime Minister Sheikh Sabah Khaled Al-Hamad Al-Sabah.

Al-Saleh, also Minister of State for Cabinet Affairs, said citizens would get training in prestigious institutes like Harvard program for development of financial and banking and on cyber-security leadership, risk management and economic studies.

He said trainees would select the department they wished to work in, and they would not bear expenses of training abroad.

The Cabinet, meanwhile, assigned a higher committee to implement recommendations to address what it called “disruption in structure of the population.”

The government, said Al-Saleh, assigned the Public Authority for Manpower to double for six months support of citizens registered at PAM under Chapter V, and the government would compensate any cuts of salaries of citizens registered under Chapter III for six months, providing they were not fired.

The government called for providing logistical support and proper security environment for citizens who were building houses in Al-Mutlaa City, and approved the construction of a medical city in Sabah Al-Ahmad City.

It welcomed a power-sharing agreement in Afghanistan, and hoped the deal would boost peace and stability towards development and prosperity for the Afghan people.