Superman
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KUWAIT CITY (AFP) - The one million citizens of Kuwait, where government financial assets have topped 166 billion dollars, are to receive a grant of 200 dinars (690 dollars) each, the government has announced.
"In accordance with directives by the emir, the cabinet decided to provide all Kuwaiti citizens with a grant of 200 dinars each," state minister for cabinet affairs Ismail al-Shatti said Sunday after the cabinet weekly meeting.
The two million foreign workers in the oil-rich emirate were not included.
The OPEC member posted a surplus in each of the past seven fiscal years, totalling more than 50 billion dollars. Kuwait is also headed for record revenues this year.
The government offered a similar grant in October 2004 and raised salaries of citizens by 170 dollars monthly last year. MPs in the outspoken parliament have been pressing for a new hike.
The Gulf Arab state provides a cradle-to-grave welfare system to its citizens who receive most public services at heavily subsidized prices and pay no income tax.
Some 92 percent of Kuwait's 300,000-strong workforce are employed in government jobs, with high wages and minimal work pressure.
http://news.yahoo.com/s/afp/20060723/bs_afp/kuwaiteconomygrant_060723145812
Now I know why I'm paying $3.00 a gallon for gas. So that they can get $700 each.
"In accordance with directives by the emir, the cabinet decided to provide all Kuwaiti citizens with a grant of 200 dinars each," state minister for cabinet affairs Ismail al-Shatti said Sunday after the cabinet weekly meeting.
The two million foreign workers in the oil-rich emirate were not included.
The OPEC member posted a surplus in each of the past seven fiscal years, totalling more than 50 billion dollars. Kuwait is also headed for record revenues this year.
The government offered a similar grant in October 2004 and raised salaries of citizens by 170 dollars monthly last year. MPs in the outspoken parliament have been pressing for a new hike.
The Gulf Arab state provides a cradle-to-grave welfare system to its citizens who receive most public services at heavily subsidized prices and pay no income tax.
Some 92 percent of Kuwait's 300,000-strong workforce are employed in government jobs, with high wages and minimal work pressure.
http://news.yahoo.com/s/afp/20060723/bs_afp/kuwaiteconomygrant_060723145812
Now I know why I'm paying $3.00 a gallon for gas. So that they can get $700 each.
