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National Assembly approves proposed budgets of several state bodies
July 2, 2014, 9:15 am

The National Assembly on Tuesday approved and referred to the government the State Budget and Financial Affairs Committee's reports about bills of 2014/2015 budgets of several state bodies.

The approved bills related to the budgets of the Central Bank of Kuwait, Kuwait Petroleum Corporation, Kuwait Fund for Arab Economic Development, National Fund for Welfare and Development of Small and Medium-sized Enterprises and the Public Institution for Social Security, and the Public Authority for Housing Welfare.

The bills also included those of the Public Authority for People with Special Needs, the General Authority to Take Care of the Printing and Publication of the Holy Quran and Sunnah and Their Services, Kuwait Direct Investment Promotion Authority, Kuwait Municipality, Kuwait Investment Authority and Public Authority for Anti-Corruption.

In Meantime, Oil Minister Ali Al-Omair underlined that the all petroleum sector deals are conducted in a transparent way. He denied categorically any political-motivated deals with any entity.

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