Mps Blame Mismanagement by Govt for Record Budget Deficit
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MUHARRAM 3, 1443 AH WEDNESDAY, AUGUST 11, 2021 16 Pages Max 49º Min 31º 150 Fils Established 1961 ISSUE NO: 18503 The First Daily in the Arabian Gulf www.kuwaittimes.net Kuwait churches eager to Gold rush ends for smugglers as Hip-hop dream thrives Post-Olympics, spotlight 3 return to normal activities 7 foreign troops leave Afghanistan 11 in India’s largest slum 14 shifts to Qatar World Cup MPs blame mismanagement by govt for record budget deficit Lawmaker wants answers for sharp drop in Kuwait’s per capita income By B Izzak with average oil production of 2.5 mil- lion barrels per day, the ministry said. KUWAIT: Lawmakers yesterday MP Ahmad Al-Azemi said posting blamed what they charged as govern- the largest budget deficit is not ment mismanagement for a record strange if the government’s misman- budget deficit posted in the past fiscal agement is taken into account. “There year, while an opposition MP claimed is nothing strange in Kuwait posting the deficit was not real. The finance the biggest budget deficit in its histo- ministry announced at the weekend ry under the government’s misman- that Kuwait had posted a record agement and escaping from account- budget deficit of KD 10.8 billion - the ability,” Azemi said on Twitter. He highest ever actual shortfall in said the country has been posting Kuwait’s history - in the 2020/2021 deficits for years and no real meas- fiscal year which ended March 31. ures had been taken to contain this The ministry said in a statement trend, adding that the simplest solu- that revenues dropped to KD 10.5 bil- tions are “to stop foreign aid, reduce lion, while expenditures increased to astronomical spending by ministries KD 21.3 billion. Kuwait has been post- and reclaim public funds from thieves ing budget deficits since the and corrupt people”. 2015/2016 fiscal year due to a sharp MP Osama Al-Munawer however fall in oil prices and as a result of a cut insisted that the deficit is not real and in production to boost prices. only on paper, because the govern- Oil revenue slumped 42.8 percent ment does not include all of the coun- in 2020-21 to KD 8.8 billion, while try’s revenues. He said if the govern- other revenue fell 6.5 percent to KD ment includes all state revenues and 1.7 billion, the ministry said. Wages not only those from oil, there will be and subsides accounted for 73 per- no shortfall. As per law, Kuwait does cent of total expenditure, while capital not include returns from its foreign and infrastructure expenditure assets in the annual budget, instead accounted for 9 percent. The average adding them to the original assets, Kuwaiti crude selling price for the fis- currently estimated at $700 billion. KUWAIT: Friends look at the Milky Way galaxy rising in the night sky in the Salmi desert late Monday. - Photo by Yasser Al-Zayyat cal year reached $42.36 per barrel, Continued on Page 2 Qatar-backed club. Messi’s father Jorge, who is also News in brief Messi arrives in his agent, earlier confirmed the inevitable as he arrived at Barcelona’s El Prat airport to board a 7 dead in Algeria wildfires Paris to complete flight to France. Asked by reporters if his son would sign for the French club, he replied: “Yes”. ALGIERS: Wildfires fanned by blistering tem- PSG are set to unveil Messi at a press confer- peratures and tinder-dry conditions have killed move to PSG ence at their Parc des Princes stadium today. He is at least seven people in Algeria, the interior expected to sign an initial two-year deal, and the minister said yesterday, adding the fires had PARIS: Lionel Messi landed in Paris yesterday with completion of his move will close a whirlwind few criminal origins. Fires were reported in multiple the 34-year-old Argentinian superstar set to sign a days following the announcement last Thursday that locations in 14 districts, 10 of them around Tizi deal with Paris Saint-Germain following his depar- he would leave Barcelona, the club he has repre- Ouzou, one of the most populous cities in the ture from boyhood club Barcelona. Messi arrived at sented for the entirety of his 17-year professional Kabylie region. — AFP Le Bourget airport to the north of the French capital career. around 3:30 pm and was greeted by hundreds of PSG’s move for Messi had been an open secret PSG supporters who had gathered hoping to catch for days, although reports in Spain on Monday night Sydney hits new COVID record a glimpse of their new signing. talked of a “final offer” by Barcelona to try to keep Messi, who waved to the crowds while sporting a the player. Instead, the six-time Ballon d’Or winner PARIS: Argentinian football player Lionel Messi SYDNEY: Sydney posted a new record of Paris t-shirt, was then expected to undergo a med- will join a PSG attack already featuring Neymar waves to supporters after he landed yesterday at COVID-19 infections yesterday as the city strug- ical before his signing could be made official by the Continued on Page 2 Le Bourget airport. —AFP gles to control an outbreak that is sending other Australian regions into lockdown. New South Wales state announced 356 new cases, a fresh record for a Delta-variant outbreak that began in Lebanese now mid-June and continues to grow. — AFP Cuomo resigns queue up for New Google safety features after claims of cooking gas WASHINGTON: Google yesterday unveiled a harassment series of online safety measures for children including a private setting for videos uploaded BEIRUT: Lebanese lined up in long queues yester- NEW YORK: New by teens and safeguard for ads shown to users day to stock up on cooking gas following warnings York Governor under 18. Google’s “safe search” will now be the of imminent shortages, as an economic crisis eats Andrew Cuomo, facing default setting for users under 18. On YouTube, away at supplies of basic imports. Lebanon, grap- possible impeachment content from 13- to 17-year-olds will be private pling with an economic crisis branded by the World over sexual harass- ment claims from 11 by default. Google will also turn off location Bank as one of the planet’s worse since the mid-19th SIDON: Lebanese wait to fill their gas cylinders in women and mounting history for all users under 18 globally. — AFP century, has been hit in recent months by a wave of shortages of basic items from medicine to fuel. this southern city yesterday amidst a deepening pressure to quit from economic crisis. — AFP fellow Democrats, Liquefied petroleum gas, usually sold in canisters Andrew Cuomo Moroccan sets himself alight and used widely in homes and businesses for cook- announced his resig- ing and heating, had been readily available in the dealers warn that if official supplies run dry, prices nation yesterday. It CASABLANCA: A young Moroccan has died market. But importers warned it would soon join the could shoot up by more than a third. Foreign curren- was a stunning reversal of fortune for the 63- after setting himself on fire in protest after list of scarce goods, prompting a countrywide panic. cy reserves are rapidly depleting, forcing the coun- year-old Cuomo, who just a year ago earned officials seized his cart in a town near “Our current stock will last one week,” said Farid try to scale-down imports to shore up the little mon- praise for his handling of the COVID-19 pandem- Casablanca, his brother told AFP on Monday. Zeynoun, who heads a syndicate of petroleum gas ey it has left. ic before being engulfed in the harassment allega- Yassine Lekhmidi, 25, an unlicensed taxi driver, distributors. “After which, if no solution is found, gas Zeynoun said that a vessel carrying 5,000 tons of tions and claims that he covered up the scale of died of his injuries in hospital in the North used in homes will be sold on the black market.” liquefied petroleum docked in Lebanese waters 17 deaths in nursing homes. African country’s economic capital on Zeynoun blamed the crisis on a delay by the cen- days ago, but is awaiting approval by the authorities “I think that given the circumstances, the best Saturday after self-immolating on July 28, tral bank in opening credit lines to fund imports. Gas to unload its cargo. way I can help now is if I step aside and let Continued on Page 2 Ahmed Lekhmidi said. — AFP is subsidized by the government with a set price, but Continued on Page 2 2 Established 1961 Local Wednesday, August 11, 2021 Amir receives Crown Prince, senior officials KUWAIT: His Highness the Amir Sheikh Nawaf Al-Ahmad Al-Jaber Al- His Highness the Amir Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah Sabah meets His Highness the Crown Prince Sheikh Mishal Al-Ahmad His Highness the Amir Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah meets His Highness the Prime Minister Sheikh Sabah Al-Khaled Al- Al-Jaber Al-Sabah. — Amiri Diwan and KUNA photos meets National Assembly Speaker Marzouq Ali Al-Ghanem. Hamad Al-Sabah. His Highness the Crown Prince Sheikh Mishal Al-Ahmad Al-Jaber Al- His Highness the Amir Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah His Highness the Amir Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah Sabah meets ministers of defense Sheikh Hamad Jaber Al-Ali Al-Sabah, meets Deputy Prime Minister and Minister of Defense Sheikh Hamad meets Deputy Prime Minister, Minister of Justice and Minister of State interior Sheikh Thamer Ali Sabah Al-Salem Al-Sabah and foreign affairs Jaber Al-Ali Al-Sabah.