Minister of Finance Barrak Al-Sheetan along with senior officials in the Ministry of Finance and the Kuwait Investment Authority made a presentation on the financial situation of the country based on the statistics of last fiscal year, which ended on March 31 2020. The cabinet also decided to ask the minister of finance to refer all the data and reports to the National Assembly.
It hailed the efforts of the Ministry of Finance and the Kuwait Investment Authority to preserve and develop public funds, expressing satisfaction about the strength of the financial situation of the state.
The cabinet also studied the cabinet’s Legal Affairs Committee’s proposed draft law on limiting the right to import goods on those who have relevant licenses from the Ministry of Commerce and Industry and are registered in the Commercial Registry.
The cabinet mulled a bill ratifying the Arab treaty for banning human cloning. It approved all the draft laws and referred them to His Highness the Deputy Amir and Crown Prince to refer it to the National Assembly.
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