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    Home » Cabinet approves final accounts, nationality revocations, money laundering compliance progress
    Kuwait News

    Cabinet approves final accounts, nationality revocations, money laundering compliance progress

    Kuwaiti TribuneBy Kuwaiti TribuneJuly 23, 2025No Comments2 Mins Read
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    In its weekly session chaired by Prime Minister Sheikh Ahmed Al Abdullah Al Sabah, the Kuwait Cupboard took decisive motion throughout a number of nationwide priorities.

    Minister of Finance, Noura Al Fassam, reviewed the State’s fiscal 12 months 2024–2025 ultimate accounts, which revealed a funds deficit of roughly KD 1.056 billion.

    The Cupboard emphasised that every one ministries and businesses should coordinate with the Finance Ministry to remove wasteful spending and improve non-oil revenues. The Cupboard accredited a number of draft decree-laws ratifying the ultimate accounts of government-affiliated entities, which are actually awaiting the Amir’s endorsement, stories Al-Jarida day by day.

    • Along with the monetary replace, Minister Al Fassam, alongside the Nationwide AML Committee and the Monetary Investigation Unit, reviewed the progress of Kuwait’s mutual analysis course of beneath international anti-money laundering requirements. The Cupboard inspired all sectors to finish present and future compliance benchmarks, reinforcing Kuwait’s stance in opposition to illicit monetary exercise.
    • Well being Minister Dr. Ahmed Al Awadhi reported on his go to to France, the place Kuwait signed memoranda of understanding with 5 premier medical establishments in Paris. The Cupboard hailed these agreements as very important to the nation’s imaginative and prescient of localizing superior medical care, elevating service high quality, and nurturing homegrown medical expertise.
    • Oil Minister Tariq Al Roumi, accompanied by officers from the Atmosphere Public Authority, introduced a strategic roadmap for long-term low carbon growth. The Cupboard lauded the great plan, viewing it as sturdy proof of Kuwait’s dedication to local weather motion and sustainable growth.

    Lastly, the Cupboard ratified the minutes from the Supreme Nationality Committee, which included determinations to revoke citizenship in step with Decree Regulation No. 15 (1959) and its amendments.

    This week’s Cupboard assembly underscored Kuwait’s complete efforts to fortify monetary stability, improve healthcare self-reliance, fight monetary crime, and spearhead environmental duty, whereas guaranteeing authorized and administrative oversight in citizenship issues.



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