oil prices decline wont affect development plan
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Kuwaiti Oil Minister al-Omair:

Oil prices' decline won't affect development plan

Arab Today, arab today

Arab Today, arab today Oil prices' decline won't affect development plan

Oil Minister Dr. Ali Al-Omair
KUWAIT -Arab Today

Oil Minister Dr. Ali Al-Omair said Sunday oil prices' decline "has no impacts on the development plan," as current prices were over USD 75 per barrel, the benchmark value set by the general budget.
His Highness the Prime Minister Sheikh Jaber Mubarak Al-Hamad Al-Sabah has affirmed that the government was "committed" with the plan presented to parliament, Al-Omair, also Minister of State for National Asembly Affairs, told reporters following a dinner banquet hosted by Parliament speaker Marzouq Al-Ghanim for members of the legislative and executive authorities.
It is normal that oil prices' decline affect the financial surplus that the government seek to increase thus invest for future generations, said Al-Omair, but drop in prices was not restricted to Kuwait but the entire world.
He hoped oil prices would be stable at levels benefitting producers and consumers.
Asked about halt of oil production in the divided zone with Saudi Arabia, Al-Omair cited Foreign Undersecretary Khaled Al-Jarallah who attributed cessation of production to "pure technical not political reasons." Al-Omair hoped these issues be addressed through dialogue.
Meanwhile, Al-Omair said His Highness the Prime Minister underlined during the dinner banquet that the government would spare no effort to bring about success to relations with parliament within the constitutional framework.
His Highness Sheikh Jaber said criticism of ministers was useful to avoid mistakes, he said, who hoped the next legislative sesson would be full of achievements.
Source: KUNA

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

oil prices decline wont affect development plan oil prices decline wont affect development plan

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

oil prices decline wont affect development plan oil prices decline wont affect development plan

 



GMT 15:56 2013 Thursday ,31 January

Business with pleasure

GMT 08:43 2017 Friday ,17 November

Bulldog Skincare For Men launches Age Defence Range

GMT 21:42 2017 Friday ,08 December

Al Masly: country’s market attractive

GMT 10:16 2015 Sunday ,25 October

Robot adapts speech to get your attention

GMT 16:47 2017 Friday ,08 September

Pakistan not to take brunt of others fiasco: Air Chief

GMT 06:10 2017 Tuesday ,07 March

Cultural gems that are part of world heritage

GMT 10:27 2015 Monday ,06 July

Mini to launch ‘Clubman’ in 2016

GMT 07:05 2017 Monday ,06 November

Young Engineers in the Making at SIBF 2017

GMT 17:05 2017 Saturday ,07 October

Formula One: Hamilton one of best all time, says Wolff

GMT 10:25 2017 Thursday ,14 September

Greece fumbled oil spill response

GMT 10:21 2017 Thursday ,26 October

US Congress passes $36.5 bn
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday