Kuwaitization project on hold; Co-ops law creating hurdle – ARAB TIMES – KUWAIT NEWS – Arab Times Kuwait News

Kuwaitization project on hold; Co-ops law creating hurdle – ARAB TIMES – KUWAIT NEWS – Arab Times Kuwait News

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KUWAIT CITY, March 4: The project to appoint national workers in supervisory and leadership positions in the cooperative societies sector is clashing with the articles of the Cooperative and Private Labor Law, especially those concerned with specifying a percentage that does not exceed seven percent of the budget for spending on the salary item, reports Al-Qabas daily.

According to informed sources, there is a set of proposals for granting national workers, who wish to occupy supervisory positions in the cooperative sector, a salary and labor support provided by the Public Authority for Manpower, and for the budget for this category of employees to be different from the salary budget. A study is currently being conducted to figure out the possibility of appointing to supervisory positions without affecting the specified percentage of the value of the budget, and not burdening it with more, as it affects public money and shareholders’ money.