Kuwait terminates more than 3,000 expat public sector employees

The contracts were terminated as part of the Kuwaitization push to replace expat employees with nationals in the government sector. (Shutterstock)
Updated 26 August 2018
0

Kuwait terminates more than 3,000 expat public sector employees

  • The government has earmarked 44,752 expats for termination – including the 3,140 that have already been dismissed
  • The contracts were terminated as part of the Kuwaitization push to replace expat employees with nationals in the government sector

DUBAI: Kuwait has terminated the employment contracts of 3,140 expatriate public sector employees, the chairman of the Civil Service Commission Ahmad Al-Jassar said, according to local daily Kuwait Times.
The contracts were terminated as part of the Kuwaitization push to replace expat employees with nationals in the government sector.
The government has earmarked 44,752 expats for termination – including the 3,140 that have already been dismissed.
Statistics show expats are employed across 46 government sectors, including 25,948 in teaching and training, 6,474 in services, 3,537 in law and Islamic affairs, 2,876 in engineering and 1,539 in social and educational services as well as sports.


Farm support to raise India states’ deficit in election year: Fitch

Updated 33 min 24 sec ago
0

Farm support to raise India states’ deficit in election year: Fitch

  • The aggregate budget deficit of Indian states is estimated to increase to 3.2 percent of GDP in the next financial year beginning April

NEW DELHI: The cumulative fiscal deficit of Indian states is expected to rise following the announcement of farm support packages ahead of national elections due by May, India Ratings and Research, the Indian arm of Fitch Ratings, said on Monday.
The aggregate budget deficit of Indian states is estimated to increase to 3.2 percent of gross domestic product in the next financial year beginning April, compared with 2.8 percent estimated for the current year, Devendra Pant, chief economist of India Ratings and Research, said.
“The competitive populism, in the nature of farm loan waivers and other financial support schemes, is hitting the capital spending and state finances,” he said.