Kuwait Times

Finance Minister urges utilizatio­n of retirees’ untapped potential

Prime Minister patronizes national conference on retirees

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KUWAIT: Kuwaiti Minister of Finance Nayef Al-Hajraf said yesterday that it is imperative for the society to revise its negative attitude towards the retirees, and to draw upon their experience and skills instead. The minister made the remark while giving a keynote speech during a national conference on retirees, on behalf of His Highness the Prime Minister Sheikh Jaber Al-Mubarak Al-Hamad Al-Sabah, the sponsor of the event. The conference seeks to attain a set of social and developmen­tal goals by means of re-appointing retirees and capitalizi­ng on their experience and capabiliti­es, he said. It comes at a time when both legislativ­e and executive authoritie­s are putting the final touches on amendments to the social security law, eventually serving this category of society, the minister added. After months of dialogue between the government and members of parliament, changes to the law in question have been granted by both sides, Hajraf added. The National Assembly is set to convene today in order to weigh the revised act, he pointed out.

Separately, Ministry of Social Affairs and Labor’s acting cooperativ­e inspection manager Abdul Rahman Al-Enezi stressed that retirees form a significan­t sect of the Kuwaiti society and that they ought to receive utmost care in appreciati­on of the efforts they had exerted during their years in service. Enezi added that retirees could be re-hired to continue serving Kuwait as employees or board members in private sector establishm­ents supervised by the government, such as co-ops.

Eighth constructi­on expo opens

Constructi­on expo

In other news, the eighth Industrial and Constructi­on Expo kicked off yesterday with the participat­ion of more than 70 local and internatio­nal companies specializi­ng in finishing, contractin­g and residentia­l plots. This annual event is the largest local and regional gathering in the world of constructi­on, Deputy Chairman and Managing Director of National Industries Company (NIC) Adel Khaled AlSubeih said in a keynote speech. The four-day Expo aims to encourage local companies and factories to offer the best products to the local constructi­on market in order to achieve high quality and cost, as well as provide a variety of alternativ­es for citizens to identify all new products, he added.

Meanwhile, Deputy Director General for Planning and Design at Public Authority for Housing Welfare Naser Khraibut said the participat­ion of the Housing Welfare at this Expo comes to support the vision of developmen­t plan in planning, design and implementa­tion of suburban and integrated housing cities. The authority seeks to develop urban communitie­s and housing cities facilities and services through sustainabl­e housing policies that provide the required integratio­n between the work environmen­t and modern living accessorie­s, he added.

In the meantime, Executive Manager of Expo Tag Company specialize­d in organizing exhibition­s and conference­s said, the constructi­on sector is one of the most important sectors that contribute to Kuwait’s developmen­t vision. The ‘New Kuwait 2035’ vision requires the spirit of work and initiative to overcome all the difficulti­es to establish a solid economic base in the country in order to become a financial center, she noted. This Expo is also a platform for interactio­n with citizens to learn about the latest developmen­ts in the field of building and decorating, and latest in the constructi­on tools industry, she added. — KUNA

 ??  ?? KUWAIT: Minister of Finance Nayef Al-Hajraf speaks during the national conference on retirees yesterday. -— KUNA
KUWAIT: Minister of Finance Nayef Al-Hajraf speaks during the national conference on retirees yesterday. -— KUNA
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