Kuwait Considers Petrol Price Hike for Expatriates
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Kuwait is evaluating a proposal to raise petrol prices specifically for expatriates, according to a report from a local newspaper citing government sources. The increase will not affect Kuwaiti citizens, who will receive cash subsidies to offset any price hikes.
Rationale Behind the Decision
The source explained that it is unreasonable for expatriates and visitors, who outnumber citizens, to benefit from low petrol prices. Currently, expatriates make up about 3.3 million of Kuwait's total population of 4.9 million.
Ongoing Efforts to Balance Workforce Demographics
The Kuwaiti government has been actively working to create jobs for its citizens and reduce reliance on foreign workers. Recent figures indicate a slight drop in the number of expatriates in the country, with a reduction of 8,845 reported by the end of June.
Next Steps and Government Response
The government is currently studying the potential price increases and will make an announcement soon. There has been no official comment from the government regarding these developments, but the push for stricter regulations reflects Kuwait's commitment to addressing demographic challenges and enhancing local employment opportunities.