Wednesday, May 22, 2024 Kuwait has made a significant decision to freeze its National Assembly for four years, aiming to prioritize economic development and address critical challenges. This move is intended to streamline decision-making processes, allowing the government to focus on key development projects and reforms without legislative distractions. There is a well-established relationship between development and the legislative framework that supports it.
Effective legislation can drive economic and social progress, while counterproductive laws can hinder growth. For instance, Singapore’s transformation into a global commercial hub was significantly aided by legislative measures that facilitated new capital and company entries. Conversely, Kuwait’s parliament has sometimes impeded development, such as when opposition to a Dow Chemical project resulted in a $2 billion fine for the country.
The Kuwaiti Emir has outlined a comprehensive development roadmap aimed at accelerating infrastructure projects, combating corruption, and improving administrative efficiency. In his address to the new ministers, he emphasized the need for diligent execution of these plans to ensure swift progress. Kuwait’s strategic plan over the next four years includes several major projects and initiatives: These developments are poised to have a significant impact on travel and tourism.
Improved infrastructure, particularly in transport and air travel, will make Kuwait more accessible and att.
