Wednesday 22 May 2024
 
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subsidy cuts

Kuwait 'willing' to push reforms including subsidy cuts

Kuwait's government is showing a willingness to push forward fiscal reforms including subsidy cuts needed to support its currency in an era of low oil prices, a senior IMF official said. Gulf states, including Kuwait, traditio

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Subsidy cuts 'may hit Bahrain’s real estate market'

Plans by the Bahraini government to remove fuel and utility subsidies are likely to have a long-term impact on the kingdom’s industrial and residential property markets, according to leading international real estate consultants, Cluttons.

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Subsidy cuts ‘could hit investment in Bahrain’

Future investments in Bahrain could be at risk following subsidy cuts, warned a prominent member of the parliament. Subsidy cuts would only provide short-term relief, Ahmed Qarrata, a member of a special sub-committee formed to ir

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