No de­lay in min­istry dues’ pay­ment: Finance Min­is­ter

Kuwait Times - - LOCAL - By A Saleh

Deputy Premier and Finance Min­is­ter Anas Al-Saleh said there are no de­lays by the min­istry to pay dues to the Min­istry of Elec­tric­ity and Wa­ter (MEW), be it in the 2015-2016 bud­get or that of this year. Saleh said in an an­swer to a ques­tion by MP Safaa AlHashem that for in­de­pen­dent es­tab­lish­ments to keep their full profit or part of it is ac­cord­ing to their es­tab­lish­ment laws de­pends if they pay for ex­penses for their projects in the devel­op­ment plan or cap­i­tal projects. This is bear­ing in mind that there are in­de­pen­dent es­tab­lish­ments whose project costs are more than their re­serves, such as Kuwait Petroleum Cor­po­ra­tion (KPC) and its sub­sidiaries, Kuwait Ports Author­ity and In­dus­try Pub­lic Author­ity, he said. About bonds is­sued by the Cen­tral Bank of Kuwait, Saleh said the bank has not is­sued any bonds to finance the deficit in the 2015-2016 bud­get. The finance min­istry has re­quested the par­tic­i­pa­tion of lo­cal banks in fi­nanc­ing the bud­get deficit of the 2016-2017 fis­cal year.

Spon­sor­ship ban

The In­te­rior Min­istry’s in­for­ma­tion tech­nol­ogy sec­tor up­graded the de­por­ta­tion sys­tem to lift the spon­sor­ship ban on the spon­sor au­to­mat­i­cally from the main com­puter of the in­te­rior min­istry as soon as the de­por­tee’s ticket is paid. The re­la­tions and se­cu­rity in­for­ma­tion de­part­ment said the new sys­tem aims to achieve pub­lic in­ter­est. The sys­tem will is­sue de­por­tees’ tick­ets, and record de­tails of fi­nan­cial af­fairs and statis­tics of col­lect­ing tick­ets from spon­sors, along with all other re­quired de­tails. It said the sys­tem went into ef­fect on Sun­day.

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