450,000 citizens to benefit from postponement decision
KUWAIT CITY, April 1: The cost to be borne by the state budget for the implementation of the decision to delay loan installments by six months, and for supporting and guaranteeing the financing of entrepreneurs affected by the COVID-19 crisis is about KD 600 million, but with the assumption that the state would bear the cost of some small and medium- sized enterprise owners defaulting to repay the financing they will receive in the future, reports Al-Rai daily quoting sources from the banking sector. They explained that the number of citizens who will benefit from the postponement of loan installments at banks and financing companies is about 450,000, with the value reaching up to KD 340 million which will be fully borne by the State Treasury. The cost of supporting credit entrepreneurs is likely to reach about KD 40 million, of which it is spent quarterly during the period of the law. The potential cost of default is close to K
KUNA :: Today in Kuwait s History :: 11/03/2021 kuna.net.kw - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kuna.net.kw Daily Mail and Mail on Sunday newspapers.
Chair rule at burials challenged
KUWAIT CITY, March 8: The decision of the Interior Ministry to refer 140 citizens, including 16 MPs, to the Public Prosecution for participating in the press conference held recently in the house of MP Badr Al-Dahoum and for violating health regulations provoked the ire of several MPs.
MP Badr Al-Dahoum
MPs Badr Al-Dahoum and Muhammad Al-Mutair disclosed that they will submit a grilling motion against HH the Prime Minister Sheikh Sabah Al-Khalid on only one issue – selective enforcement of the law. A total of 15 MPs have declared support for the grilling motion so far. Al-Dahoum confirmed that he met Minister of Interior Sheikh Thamer Al-Ali shortly before the event and they agreed to turn the supposed expression of support gathering into a press conference.
Messenger
“ALLAH does not change what is in a nation unless they change what is in themselves”. Last Monday, an honorable sentence was imposed on former French President Nicolas Sarkozy. He was sentenced to several years in prison for a petty crime, yet you ask us not to express our admiration for the West, which you consider infidels. He or they in the West apply the teachings of religions, including Islam, better than us thousands of times!!!
Our money was stolen from the Public Institution for Social Security (PIFSS), Army funds, Euro Fighter, Jaber Bridge and hundreds of millions of others. The thieves still walk in our midst or outside, unharmed by those who praise the teachings of Islam day and night. We believe in the Islam of our rightly-guided caliphs and the Islam of Omar bin Abdul Aziz. As for your Islam, it is the Islam of the insane caliphs who enslaved the creation of God, obtained unlawful money and conserved it for themselves and those close to them.
KUNA :: Today in Kuwait s History :: 01/03/2021 kuna.net.kw - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kuna.net.kw Daily Mail and Mail on Sunday newspapers.