Thursday 3 January 2013

Is Kuwait Ready For Economic Reform? - Al-Monitor: the Pulse of the Middle East

Emir of Kuwait Sheikh Sabah Al Ahmad (front) attends the closing session of the GCC summit, in Sakhir Airport, south of Manama, Dec. 25, 2012. (photo by REUTERS/Hamad I Mohammed)
Many believe that the government of Kuwait no longer has legitimate excuses for continuing the freezing of comprehensive economic reform after the parliamentary elections held in December produced a National Assembly that is ideal for it to pass the required laws in this area.
Many also say that the government was justified in the past due to the presence of a populist parliamentary majority opposed to structural reform, which suspended petrochemical projects and the construction of a new refinery and obstructed the privatization of institutions and sectors such as Kuwait Airways, electricity, water, land communications, the airport, seaports and the healthcare system.
Is Kuwait Ready For Economic Reform? - Al-Monitor: the Pulse of the Middle East

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