Rent allowances paid by state to Kuwaitis exceed ‘cost’ of building a city

 
 
 

The number of housing requests, according to the latest statistics issued by the Public Authority for Housing Welfare, reached 94,379 as of the end of December 2021. This means that the state pays KD 14.15 million per month as rent allowance, which is set at KD 150, or about KD 169.8 million annually as rent allowance, reports Al-Rai daily.

According to the statistics, the amount of KD 169.8 million exceeds the cost of building a city such as South Saad Al-Abdullah City, which was about KD 136.6 million, by about a quarter (1.24 times). The city planned for completion in 2029 includes 30,000 units targeting beneficiaries of the residential care, as well as spaces designated for non-residential purposes to serve city residents.

 
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IFL Kuwait