Thursday, 8 October , 2020     |     339      |      +      |     

In Kuwait, a proposal is to give every citizen a salary

In Kuwait, a proposal is to give every citizen a salary : Google
  • Kuwait News

“Kuwait Impact” website, which specializes in studies on public policy in Kuwait, revealed a new proposal whereby all types of support provided to Kuwaiti citizens would be replaced with a fixed salary of about $ 50,000 annually.

According to the site, the salary will last for life for all Kuwaiti citizens of working age, so that the distribution of wealth is more equitable, noting that the proposal aims to reduce waste in the subsidy bill, which allows the government to restructure the national economy.

The site adds that the final result of the wealth distribution review will reduce the burden of employment on the government, reduce expenditure waste directly, and push Kuwait towards a more sustainable economy.

In its proposal, the site presented various and unconventional solutions to the dilemma of the Kuwaiti economy and its financial implications, which is to expand the area of ​​beneficiaries of the labor support currently provided to workers in the private sector, to include the total national workforce with an annual salary of $ 50,000 regardless of employment status, and thus all Kuwaitis A basic salary that guarantees the optimal distribution of wealth in accordance with the constitutional provisions, and reduces the burden of creating job opportunities in the public sector.

He added that creating this new incentive for Kuwaiti citizens will open the way for the government to undertake structural reforms of the economy, including privatization, review of subsidies and liberalization of the economy from restrictions.

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Category: #Kuwait News | 2020/10/08 latest update at 11:00 PM
Source : Al Khaleej Today | Photocredit : Google
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