Kuwait’s new emir calls for national unity ahead of elections

Kuwait’s new emir calls for national unity ahead of elections
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Kuwaiti Members of Parliament attend the opening of the 5th regular session at the country's National Assembly (parliament) in Kuwait City on October 20, 2020. (AFP)
Kuwait’s new emir calls for national unity ahead of elections
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Emir of Kuwait Sheikh Nawaf al-Ahmad al-Jaber al-Sabah (C) gestures in greeting as he arrives with Crown Prince Sheikh Meshal al-Ahmad al-Jaber al-Sabah (R) and Parliament Speaker Marzouq al-Ghanim (L) to attend the opening of the 5th regular session at the country's National Assembly (parliament) in Kuwait City on October 20, 2020. (AFP)
Kuwait’s new emir calls for national unity ahead of elections
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Emir of Kuwait Sheikh Nawaf al-Ahmad al-Jaber al-Sabah (C) delivers a speech during the opening of the 5th regular session at the country's National Assembly (parliament) in Kuwait City on October 20, 2020. (AFP)
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Updated 20 October 2020

Kuwait’s new emir calls for national unity ahead of elections

Kuwait’s new emir calls for national unity ahead of elections

KUWAIT: Kuwait’s Emir Sheikh Nawaf Al-Ahmad Al-Sabah called on Tuesday for national unity to meet challenges facing the Gulf state, in a speech to lawmakers ahead of elections on Dec. 5.
The parliamentary elections come at a time when the wealthy OPEC member is facing a liquidity crisis caused by low oil prices and the coronavirus pandemic against the backdrop of continued tensions between larger neighbors Saudi Arabia and Iran.
“National unity has proven to be our strongest weapon in facing challenges, dangers and crises,” said the emir, who assumed power last month on the death of the previous ruler.
Frequent clashes between the cabinet and parliament have led to successive government reshuffles and dissolutions of parliament, hindering investment and reform efforts. The outspoken assembly, the Gulf’s oldest legislature, can block bills and question ministers.
Prime Minister Sheikh Sabah Al-Khalid Al-Sabah, also addressing the opening of a supplementary legislative session, called for greater efforts to “diversify revenue sources and rationalize spending and consumption ... without detriment to citizens” in the cradle-to-grave welfare state.
He said the government was seeking more sustainable tools to finance the budget, in which public sector salaries and subsidies accounted for 71% of spending for the 2020-2021 fiscal year.
The nearly $140 billion economy is facing a yawning deficit of $46 billion this year. A priority will be overcoming legislative gridlock on a bill that would allow Kuwait to tap international debt markets.
Lawmakers opposed to the debt law have called for clarity on government plans to reduce reliance on oil exports, which accounted for 89% of revenues in the last fiscal year.
The emir is expected to maintain oil and investment policy and a balanced foreign policy that strove for Arab unity.
In his speech, the premier said Kuwait would continue mediation efforts to end a Gulf dispute that has seen Saudi Arabia and its allies boycott Qatar since mid-2017. He reiterated his country’s support for Palestinians’ rights.


Oman to enact labor, taxation and subsidy reforms, says minister

Updated 11 min 57 sec ago

Oman to enact labor, taxation and subsidy reforms, says minister

Oman to enact labor, taxation and subsidy reforms, says minister

DUBAI: Oman plans to amend labor laws, introduce new taxation and end some “long-standing” subsidies while ensuring that low-income families are protected, the Gulf Arab state’s foreign minister said on Saturday.
Sayyed Badr Al Busaidi told the ISS Manama Dialogue summit in Bahrain that significant changes to labor policy would include abolishing a requirement that expatriate workers need permission to transfer to a new employer, which is known as the no-objection certificate system.