Al-Ghanim's meeting with Moody's “constructive”

National Assembly Speaker Marzouq Al-Ghanim's meets with Moody's Investors Service delegation
National Assembly Speaker Marzouq Al-Ghanim’s meets with Moody’s Investors Service delegation

KUWAIT, March 31 (KUNA) — National Assembly Speaker Marzouq Al-Ghanim’s meeting with a delegation from Moody’s Investors Service, world provider of credit ratings, was “constructive” as the Parliament is serious in making some “economic reforms.” Having Kuwait rated is “important” and “affects institutions and individuals alike,” Al-Ghanim told reporters on Thursday. He hoped that Moody’s delegation is convinced in the “seriousness” of the parliament to impose economic reforms.
A while ago, the Parliament’s financial and economic committee had drawn up a map on all aspects of this economic reform, Al-Ghanim pointed out.
The details of this map will be reviewed on the Parliament’s next session, April 12.
On the Government’s project on classifying electricity tariffs, in line with spending rationalization plans, Al-Ghanim said that the Government and the Parliament have different views on this project, especially since the Government’s suggested tariffs are “very high.” He pointed out that the Parliament has alternative suggestions, reiterating that “responsible and low incomes individuals will not be adversely affected.” (Pick up pervious) rkf.nfm