Government sources revealed that the resignation of Finance Minister Khalifa Hamada, which he submitted to His Highness the Prime Minister Sheikh Sabah Al-Khaled, opened the door to an upcoming and expected reshuffle in the government, Arabic daily Al Rai reported<\/p>\n
The sources confirmed to Al-Rai that “expectations indicate that the cabinet reshuffle will be in the middle of next September,” and that the change could include “between 3 and 5 minister.<\/p>\n
Minister Hamadeh “had submitted his resignation in a very secret manner a few days ago” to Al-Khaled, noting that he will continue his work until it is announced that his resignation is accepted or a new government is formed.<\/p>\n
According to informed sources, one of the main reasons for Hamada’s resignation is his feeling that he is not a decision-maker on many issues.<\/p>\n
The reasons are summarized as follows:<\/p>\n
He did not participate, like the previous finance ministers, in choosing the members of the Board of Directors of the General Investment Authority.<\/p>\n
An official decision was issued, published in the Official Gazette, to sell a plot of land at an initial value, and a few days later the auction was cancelled.<\/p>\n
Decisions related to markets whose contracts have expired have been withdrawn and assigned to a committee from outside the ministry.<\/p>\n
He has no significant role in preparing draft laws that address the risks of running out of liquidity, foremost of which is the preparation of the public debt law.<\/p>\n
Failure to approve his candidatures to occupy more than one leadership position in the ministry, including the position of undersecretary.<\/p>\n
Increasing the complexities of the liquidity crisis without reaching quick solutions.<\/p>\n","protected":false},"excerpt":{"rendered":"
Government sources revealed that the resignation of Finance Minister Khalifa Hamada, which he submitted to His Highness the Prime Minister Sheikh Sabah Al-Khaled, opened the door to an upcoming and expected reshuffle in the government, Arabic daily Al Rai reported The sources confirmed to Al-Rai that “expectations indicate that the cabinet reshuffle will be in […]<\/p>\n","protected":false},"author":7,"featured_media":79334,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,18,1],"tags":[989,2912,340,179],"class_list":["post-79333","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-local","category-uncategorized","tag-kuwait_government_employees","tag-kuwait_laws","tag-kuwait-govt","tag-kuwait-parliament"],"yoast_head":"\n