Kuwait’s privatisation drive is aimed at shrinking the state’s organisational structure

As per local media, the ministry of services will be among those privatized .

Kuwait’s privatization drive is focusing on contracting the state’s hierarchical structure, settling shortage issues and diminishing consumption.

Kuwait’s administration will very soon declare the privatization of different services and government elements, as indicated by a report in the Kuwait Times.

Quoting “well-informed ministerial sources”, the paper detailed that the move will incorporate the ministry of services (in the past correspondences), especially after Kuwait’s media communications expert and different telecom and Internet organizations have subsumed a large number of its obligations.

The report additionally noticed that privatization may go to the postal division, just as different parts of the ministry of education including TV, art, radio and the travel industry, leaving just the ‘news’ segment to be regulated by the service.

The paper noticed that the privatization drive is gone for contracting the state’s hierarchical structure, settling deficiency issues and decreasing consumption.

Follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, to get all the most recent business news from the UAE and Gulf countries, which is updated daily.

Get Amazing Stories

Get great contents delivered straight to your inbox everyday, just a click away, Sign Up Now
Email address
Secure and Spam free...

Get Amazing Stories

Get great contents delivered straight to your inbox everyday, just a click away, Sign Up Now
Email address