Ali Al-Salim contributor to KuwaitImpakt.com Newly established Kuwaitimpakt.com, a gateway for public policy papers in Kuwait founded by Bensirri, today released an essay suggesting new solutions to Kuwait’s fiscal woes.
Titled “New Ideas for Kuwait”, Kuwaiti author Ali Al-Salim proposes the replacement of all government subsidies with an annual basic income of around USD 50,000, paid to every citizen of working age, as a means to overcome the hiring burden for the government, and the economic and political bottlenecks of the existing system. He argues that the net result will move Kuwait towards a more sustainable economy, relieve the pressure […]
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