Kuwait $40,000-a-Head Surplus Makes Austerity a Hard Sell - Bloomberg

Kuwait $40,000-a-Head Surplus Makes Austerity a Hard Sell - Bloomberg:



"Kuwait’s budget surplus adds up to almost $40,000 per citizen, one reason it’s hard to convince people like Nouf Mohammed that the government should spend less on services and subsidies for her. 




Mohammed, a 36-year-old accountant, says she’s been waiting 12 years to get the state-provided house she’s entitled to, and finds education and health care so inadequate that the government should focus on improving them instead of saving more. “There’s no development, our money is wasted in a disorganized way,” she said. 




Kuwait is stepping up efforts to persuade the public that it can’t afford to maintain one of the world’s most generous welfare systems. A committee set up to examine public finances advised the government to use social media to warn of a “terrifying future” if spending isn’t trimmed."



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