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Friday, 17 June 2016

Minister nods plan to hike private schools fee by 3pc - kuwait

KUWAIT CITY -  Minister of Education and Higher Education Dr Bader Al-Essa has endorsed the proposal to increase fees in private schools by three percent per year, starting from 2016/2017 academic year, reports Al-Anba daily.
In a decision issued recently, Al-Essa explained the fees in private schools will be increased by six percent within two academic years – three percent in 2016/2017 and another three percent in 2017/2018. After these two school years, the ministry will decide whether to suspend, cancel or increase the percentage, he added.
Meanwhile, the State Minister for Housing Affairs Yasser Abul has issued a decree on housing welfare, which will override the provisions of Decision No. 564/1993 concerning housing care system, reports Al-Rai daily. According to the decree, rent allowance will be suspended for those who use fraudulent methods to obtain the allowance illegally. Rent allowance will be provided to only Kuwaiti families and not bachelors.
Kuwaiti men married to non- Kuwaiti women can request for housing provided they have completed three years of marriage and the wife has been residing in Kuwait during that period. However, the condition of the three-year marriage period is not applicable for the disabled.
Rent allowance will be suspended for those who are allocated houses but request for delay in receiving the houses or have received the houses but exchanged them with others. Exchange of houses is accepted if they are in the same area and only once prior to the delivery of the houses.
The decree permits those who are obliged to stay outside Kuwait for long periods for work or study purposes to rent out their houses provided they obtain the approval of the Public Authority for Housing Welfare.
In another, unrelated development, contracting companies revealed that the phenomenon of delayed payments by governmental institutions with projects from 90 days to 180 or more days is worsening, reports Al-Qabas daily quoting sources. They indicated that some ministries have delayed payments by almost a year because of lack of liquidity as a result of low oil prices and budget deficit.
Meanwhile, bankers explained that the delay in installment payments in the past was usually a month or two due to governmental bureaucracy and the need for several signatures. However, now the delay period has increased to such an extent that it has surpassed all norms particularly in the last few months of 2016.

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