Kuwait's ruler suspends parliament for a month
Source: BI-ME with Reuters , Author: Posted by BI-ME staff
Posted: Mon June 18, 2012 5:17 pm

KUWAIT. Kuwait's emir has suspended parliament for one month, state news agency KUNA said citing a decree, ahead of the planned questioning of the interior minister by opposition members of the assembly.

The emir, Sheikh Sabah al-Ahmad al-Sabah, can take the step under the Gulf state's constitution to avert a growing political crisis and allow time for negotiations between the government and elected parliament members.

Opposition lawmakers, who hold a majority in parliament, had called Interior Minister Sheikh Ahmad al-Hamoud al-Sabah for questioning. He is a member of the ruling family and one of the most powerful people in the cabinet after the Prime Minister.

They wanted him to quiz him on Tuesday about Kuwait's citizenship law and stateless residents, a sensitive topic in the oil producer which has strict nationality criteria.

Kuwait brought in its fourth government in six years after a snap parliamentary election in February but tensions between the cabinet and chamber escalated quickly, hindering economic policy-making and planning in the oil-rich Gulf state.

Infighting between the parliament and government has forced the resignation of two cabinet ministers in less than a month and threatens to draw in more of their cabinet colleagues.

Opposition MPs are considering also calling the oil minister and defense minister for questioning over different issues. Such grillings may end in a confidence vote which could force ministers out of office.

The minister for social affairs and labor resigned last week and the finance minister quit last month after a questioning session in parliament led by opposition lawmakers which increased the likelihood of a full cabinet reshuffle or the resignation of the government, analysts said.

KUNA said that the cabinet agreed to a draft law "to suspend parliamentary sessions for a month starting today (Monday) according to article 106 of the constitution".

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: August 29, 2014
KUEAIT. There is plenty of potential in the Kuwaiti market, should investor interest remain and the government carries out its proposed spending plans. The government's 2014/15 budget is expansionary, with expenditure growth of 3.2% to US$77.3 billion.
date:Posted: August 28, 2014
SAUDI ARABIA. The Saudi Arabian index is the region's most diverse capital market due to its size and maturity; Jadwa Investment views the opening up of the Tadawul as an overall positive but believes a cautious and considered path to reform is the best way forward, much like the Chinese example.
date:Posted: August 28, 2014
LEBANON. The results of the Byblos Bank/AUB Consumer Confidence Index show a marginal improvement in January and February, picking up pace in March and April, and regressing in May and June 2014.
KUEAIT. There is plenty of potential in the Kuwaiti market, should investor interest remain and the government carries out its proposed spending plans. The government's 2014/15 budget is expansionary, with expenditure growth of 3.2% to US$77.3 billion.
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