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Press Dossier   News Category    Economy    Cabinet calls for non-oil income diversification

Kuwait Times, Thu, Jun 13, 2024 | Dhu al-Hijjah 7, 1445

Cabinet calls for non-oil income diversification

Kuwait: The Kuwaiti Cabinet asked the Kuwait Investment Authority (KIA) and other concerned state bodies to scale up investment efforts and tap investment opportunities to diversify non-oil income sources and create new jobs for Kuwaiti youth. This came during the Cabinet’s customary weekly meeting held at Bayan Palace under the chairmanship of His Highness the Prime Minister Sheikh Ahmad Al-Abdullah Al-Ahmad Al-Sabah.

The Cabinet also tasked Minister of Electricity, Water, and Renewable Energy and Minister of State for Housing Affairs Mahmoud Bushehri, who is in charge of the Public Authority for Agricultural Affairs and Fish Resources (PAAAFR), to legally withdraw farmland from those involved in using their plots for illegal activities and purposes.

However, it voiced support for farm owners who use their farmland for purposes in line with the law and the PAAAFR’s regulations, expressing sincere thanks and appreciation to the First Deputy Prime Minister, Defense and Interior Minister Sheikh Fahad Yousef Al-Sabah, and senior security officials and personnel for their efforts in busting lawbreakers and anyone involved in drug trafficking. Meanwhile, the Cabinet approved the minutes of a high-level nationality verification committee, which included the withdrawal of nationality from several people who had gotten it illegally, based on Law 15/1959 for Kuwaiti nationality.

The Health Ministry was also entrusted in coordinating with other state agencies to put a national health survey project in place as soon as possible with a view to revamping the country’s public health. The Cabinet, in the meantime, congratulated His Highness the Amir Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah and His Highness the Crown Prince Sheikh Sabah Al-Khaled Al-Hamad Al-Sabah, along with the Kuwaiti people and residents, on the occasion of Eid Al-Adha.

On this occasion, the Cabinet decided to halt work at all ministries, state bodies, and public institutions between Sunday (June 16) and Tuesday (June 18) as an official holiday nationwide marking Eid Al-Adha. Finally, the ministers mourned the death of former minister of trade and industry Abdulwahab Al-Nafisi, recalling his great efforts and sincere contributions to serving the country.

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