Kuwait: Cost of Living Allowance Could be Increased

Kuwait News developments

Kuwait: Cost of Living Allowance Could be Increased

Alqabas, 1 October 2023: A Kuwaiti government source has announced the government is studying a cost of living allowance increase. They are considering increasing it from 120 to 250 Dinars.

The source added the government will work to stabilise prices first and then approve any financial increases. They went on to say the government implements a joint mechanism for up to 90 days to control any high prices affecting consumer goods and products in cooperative associations, retail stores and parallel markets.

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Tanya Jain