Middle East Economic Survey

VOL. LIII

No 20

17-May-2010

KUWAIT

Kuwait Approves Privatization Bill, Excludes Oil And Gas Sector

Kuwaits National Assembly gave the final approval to a privatization bill on 12 May which will permit the sale of many state-owned entities, although oil and gas fields and refineries remain excluded, as do education and healthcare. The bill was passed by 33 votes, including 15 ministers, with 28 votes against it in a heated session, as some opponents claimed it would rob...