The government intends to raise expats' gas prices

 
 
 

The Kuwaiti government is preparing to align gasoline prices with global market rates, targeting expatriates and visitors with a price hike, while ensuring citizens remain unaffected. According to an informed government source, this initiative aims to address the significant difference in population numbers between expatriates and citizens, as well as rising global fuel costs.

A government source disclosed to Al-Qabas that expatriates and visitors, whose numbers far exceed those of citizens, will face higher gasoline prices in the near future. "It is unreasonable for expatriates and visitors to enjoy gasoline at low prices when their numbers are double that of citizens," the source remarked.

The proposal is currently under review, with discussions on the exact percentage of the price increase still ongoing. Once finalized, the plan will be submitted to the Economic Affairs Committee for approval.

To protect citizens from any potential financial burden caused by the fuel price adjustment, the government is introducing a financial support program for fuel consumption. This initiative ensures that citizens will not feel the impact of the proposed gasoline price hike. The source confirmed that the government’s priority is to shield its citizens from any economic consequences arising from changes in fuel prices.

The government's plan to increase gasoline prices for expatriates comes as part of a broader effort to adjust local pricing in accordance with international market trends. This aligns with Kuwait’s economic objectives to manage subsidies while ensuring that essential resources like fuel are priced fairly for all residents.

 
****************************************************
 
  
IFL Kuwait