Kuwait to raise power, water price on expats

Kuwaiti electricity and water minister Ahmad al-Jassar (R) told the assembly that government was paying approximately $8.8 billion annually to subsidise power and water production in Kuwait City on April 12, 2016Kuwait’s parliament on Wednesday passed a bill allowing the government to raise power and water charges on foreign residents and on businesses but exempted the Gulf state’s citizens. MPs initially rejected the bill but later approved it after Kuwaiti citizens were exempted. If given the final clearance, it will be the first time in 50 years that oil-rich Kuwait raise power charges.

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