Kuwait says government spending must be fixed to control budget growth

Minister of Finance and Minister of State for Economic Affairs and Investment Anwar Al-Mudhaf during his speech. (KUNA)
Minister of Finance and Minister of State for Economic Affairs and Investment Anwar Al-Mudhaf during his speech. (KUNA)
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Updated 14 July 2024
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Kuwait says government spending must be fixed to control budget growth

Kuwait says government spending must be fixed to control budget growth
  • Its statement added expenses were estimated at 24.5 billion dinars and revenues at 18.9 billion dinars

KUWAIT CITY: Kuwait's budget is projected to show a deficit of 5.6 billion dinars ($18.33 billion) for the 2024-2025 fiscal year, the Kuwait News Agency reported on Sunday citing the Ministry of Finance. 

Its statement added expenses were estimated at 24.5 billion dinars and revenues at 18.9 billion dinars.

Government spending must be fixed at 24.5 billion Kuwaiti dinars in the 2027-2028 budget to control budget growth, the ministry also said.

The liquidity of the General Reserve Fund, from which the budget deficit is financed, decreased to 2 billion dinars last March from 33.6 billion ten years ago due to increasing withdrawals, it added.


Jordan’s crown prince meets Turkish president in Ankara, discusses regional issues

Jordan’s crown prince meets Turkish president in Ankara, discusses regional issues
Updated 5 sec ago
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Jordan’s crown prince meets Turkish president in Ankara, discusses regional issues

Jordan’s crown prince meets Turkish president in Ankara, discusses regional issues
  • Reaffirmed Jordan’s commitment to strengthening its longstanding ties with Turkiye across various sectors

ANKARA: Jordan’s Crown Prince Hussein bin Abdullah met with Turkish President Recep Tayyip Erdogan in Ankara on Tuesday to discuss ties between their two countries as well as regional developments, according to a statement from the Royal Court.

During the meeting, the crown prince conveyed greetings from King Abdullah II and extended an invitation for President Erdogan to visit Jordan.

He reaffirmed Jordan’s commitment to strengthening its longstanding ties with Turkiye across various sectors, including economic cooperation, education, tourism, vocational training, military coordination, and counterterrorism efforts, the Jordan News Agency reported.

Both emphasized the importance of continued coordination on regional matters to advance mutual interests and maintain regional stability, and discussions also addressed the ongoing conflict in Gaza, with Jordan and Turkiye reaffirming their shared stance on the Palestinian cause and the necessity of rebuilding Gaza without the displacement of its residents.

The meeting covered rising tensions in the West Bank and repeated violations at Muslim and Christian holy sites in Jerusalem.

Both sides underscored the need to accelerate diplomatic efforts to establish a political framework for a just and comprehensive peace, based on a two-state solution. They also pledged to maintain close coordination through the Organisation of Islamic Cooperation and the Arab League Contact Group on Gaza.

Prince Hussein praised Turkiye’s humanitarian aid contributions to Gaza and its support for the UN Relief and Works Agency for Palestine Refugees, reiterating Jordan’s commitment to facilitating the delivery of aid to the Strip.

On Syria, the two leaders reiterated their support for the country’s security, stability, sovereignty, and territorial integrity, as well as the efforts of the new Syrian administration to rebuild the nation.

The meeting was also attended by Jordan’s Deputy Prime Minister and Foreign Minister Ayman Safadi, as well as Director of the Office of the Crown Prince Zaid Baqain.


Israeli military campaign in Tulkarm marks 30 days, leaving parts of city in ruins

Israeli military campaign in Tulkarm marks 30 days, leaving parts of city in ruins
Updated 2 min 53 sec ago
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Israeli military campaign in Tulkarm marks 30 days, leaving parts of city in ruins

Israeli military campaign in Tulkarm marks 30 days, leaving parts of city in ruins
  • Military reinforcements sent to Tulkarm’s Nour Shams and Tulkarm refugee camps
  • Forces raided a building near Thabet Thabet Government Hospital

LONDON: The Israeli military campaign in Tulkarm in the northern Occupied West Bank has now entered its first month as of Tuesday, leaving parts of the Palestinian city’s refugee camps in ruins.

Israel sent military reinforcements to Tulkarm and its Nour Shams and Tulkarm refugee camps on Tuesday amid the activity of reconnaissance aircraft in the area, the WAFA news agency reported.

Eyewitnesses said that Israeli forces were stationed in several traffic junctions and near Tulkarm’s main grocery market, and they raided a building in proximity to Thabet Thabet Government Hospital.

Israeli forces have also raided several homes in Nour Shams, where an operation has been taking place for 17 days, particularly in the Jabal Al-Salheen neighborhood. Israeli forces also forced numerous Palestinians to evacuate at gunpoint, according to WAFA.

One of the raided houses belonged to the Mashraqa family in Jabal Al-Salheen. The family members were forced to leave because their house was close to the route of Israeli tanks.

Since the start of the Israeli military operation in late January, at least 5,000 Palestinians have left their homes in Nour Shams, and 15,000 people have been displaced in Tulkarm city and its refugee camps.

The destruction extended to electricity, water, sanitation and communication networks, causing significant damage to homes and businesses. The Israeli military campaign in Tulkarm has also resulted in the death of 12 Palestinians, numerous injuries and the detention of 165 people.


UN warns of last chance for two-state Israeli-Palestinian solution

Israeli soldiers prevent displaced Palestinian women from returning to their homes to retrieve belongings.
Israeli soldiers prevent displaced Palestinian women from returning to their homes to retrieve belongings.
Updated 10 min 49 sec ago
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UN warns of last chance for two-state Israeli-Palestinian solution

Israeli soldiers prevent displaced Palestinian women from returning to their homes to retrieve belongings.
  • Sigrid Kaag, the UN envoy for the peace process in the region, also warned against calls for Israel to annex the occupied West Bank

UNITED NATIONS: The Middle East is undergoing changes that could represent the last chance for the long-sought goal of a two-state solution to end the Israeli-Palestinian conflict, a UN official said Tuesday.
Sigrid Kaag, the UN envoy for the peace process in the region, also warned against calls for Israel to annex the occupied West Bank.
“The Middle East today is undergoing rapid transformation — its scope and impact remain uncertain, but it also presents a historic opportunity,” Kaag told the UN Security Council.
“The people of the region can emerge from this period with peace, security, and dignity. However, this may be our last chance to achieve the two-state solution,” said Kaag.
She said Israeli settlement building in the West Bank, Israeli military operations in this occupied territory “and continued calls for annexation, present an existential threat to the prospect of a viable and independent Palestinian State and thereby the two-state solution.”
Kaag called on Hamas and Israel to agree on the second phase of the ceasefire in the Gaza war and avoid a resumption of fighting.
The international community must ensure that Gaza — which President Donald Trump wants to put under US control, displacing its entire population — must be part of a future Palestinian state joining it with the West Bank and east Jerusalem, she said.
“Palestinian civilians must be able to resume their lives, to rebuild, and to construct their future in Gaza,” said Kaag.


Israeli opposition leader: Egypt should run Gaza for 8 years

Mona Al-Zebda, displaced from Gaza City, bakes bread at a tent camp for displaced Palestinians at the Muwasi, Rafah, Gaza.
Mona Al-Zebda, displaced from Gaza City, bakes bread at a tent camp for displaced Palestinians at the Muwasi, Rafah, Gaza.
Updated 12 min 23 sec ago
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Israeli opposition leader: Egypt should run Gaza for 8 years

Mona Al-Zebda, displaced from Gaza City, bakes bread at a tent camp for displaced Palestinians at the Muwasi, Rafah, Gaza.
  • “The solution is Egypt will take responsibility for the management of the Gaza Strip for eight years with an option to extend to 15 years,” Lapid told FDD think tank

WASHINGTON: Israeli opposition leader Yair Lapid said Tuesday that Egypt should run the Gaza Strip for at least eight years once the war is over, in exchange for massive debt relief.
“The solution is Egypt will take responsibility for the management of the Gaza Strip for eight years with an option to extend to 15 years,” he told the hawkish Foundation for Defense of Democracies (FDD) think tank in Washington.
“At the same time, its foreign external debt will be paid off by the international community and regional allies,” Lapid, a former Israeli prime minister, continued.
Egypt would lead a “peace force” of the Gulf states and the international community “for the management and rebuilding of Gaza,” he said.
“During that period, the conditions for self-governance in Gaza will be created, and the process of the total demilitarization of Gaza will be completed,” he said of the region, currently controlled by Palestinian militant group Hamas.
Israel launched its invasion of Gaza after it was attacked by Hamas on October 7, 2023.


We want a state that can protect its people, Lebanese PM tells parliament

We want a state that can protect its people, Lebanese PM tells parliament
Updated 25 February 2025
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We want a state that can protect its people, Lebanese PM tells parliament

We want a state that can protect its people, Lebanese PM tells parliament
  • PM Salam reiterates President Aoun’s stance reserving use of force for the state
  • Hezbollah announces intention to back government in vote of confidence

BEIRUT: Lebanon’s Prime Minister Nawaf Salam told the country’s parliament on Tuesday that his government “seeks a state that fully assumes responsibility for the country’s security and defends its borders and frontiers.”
He emphasized the need for a state that “deters aggressors, protects its citizens, fortifies independence, and mobilizes the Arab community and other nations to safeguard Lebanon.”
Salam reaffirmed the government’s “commitment to its obligations, particularly regarding the complete implementation of Resolution 1701, without any omissions or selective adherence.”
The prime minister said: “The government is committed, under the National Accord Document ratified in Taif, to take all necessary measures to liberate all Lebanese territories from the Israeli occupation and assert the state’s sovereignty over all its territories, exclusively through its forces, and deploy the army in the internationally recognized Lebanese border areas.”
At the same time, he underscored “Lebanon’s right to self-defense in the event of any aggression, following the UN charter, and to implement the provisions outlined in the presidential oath regarding the state’s responsibility to monopolize the use of force.”
Salam continued: “We want a state that has the power to decide war and peace, a state whose army has a defensive combat doctrine that protects the people and fights any war in accordance with the provisions of the constitution.”
The prime minister highlighted “the need to rebuild what the Israeli enemy destroyed,” pledging “to mobilize support and allocate funding through a dedicated, transparent reconstruction fund that demonstrates the state’s support for the people, ensuring they feel included and not discriminated against.”
He emphasized that “defending Lebanon requires a national security strategy on the military, diplomatic and economic levels.”
Salam said: “The government must empower the legitimate armed forces by increasing their numbers, equipping and training them, and improving their conditions, which strengthens their capabilities to confront any aggression, secure the borders to the south, north, east and sea, prevent smuggling, and combat terrorism.
“We want a state that upholds the constitution and the National Reconciliation Accord we endorsed in the Taif Agreement. This commitment requires the implementation of the remaining provisions of this accord that have yet to be carried out.”
Salam said: “The rise of the state necessitates a foreign policy that neutralizes Lebanon from the conflict of axes, which contributes to restoring its international and Arab status, and secures the support of our brotherly and friendly capitals and Arab and international organizations.”
He stressed that “Lebanon must not be used as a platform to attack our brotherly Arab countries and friendly nations.”
Regarding Lebanese-Syrian relations, Salam said Lebanon “has an opportunity to initiate a serious dialogue with the Syrian Arab Republic.
“This dialogue aims to ensure the sovereignty and independence of both nations, regulate and demarcate their borders, and prevent interference in each other’s internal affairs.
“It also aims to address the issue of Syrian refugees, whose continued presence could have existential consequences for Lebanon unless they return to their homeland.”
Salam also expressed Lebanon’s opposition to “the localization and displacement of Palestinians.
“We reiterate their right to return to their homes per Resolution 194 and to establish an independent state on their land as outlined in the Arab Peace Initiative adopted at the Beirut Arab League Summit in 2002,” he said.
Salam underlined the Lebanese state’s right “to exercise full authority over its territory, including Palestinian refugee camps, while ensuring the protection of the dignity and human rights of Palestinian refugees residing in Lebanon.”
He stated his commitment “to pursuing a sound policy aimed at increasing revenues, maintaining solvency margin and thus, ensuring financial stability."
This, he said, requires tax collection and reform, customs reform, as well as “combatting waste, illegal economy and smuggling.”
Salam announced that his government intends to negotiate a new program with the International Monetary Fund to address financial defaults and public debt.
“The government is committed to boosting the economy, which will involve restructuring the banking sector to stimulate economic growth. Our primary care will be directed toward deposits, and we will develop an integrated plan following the highest international standards to preserve the depositors’ rights,” he said.
Salam expressed hope that parliament would pass the necessary legislation to support these goals.
More than 75 MPs requested the opportunity to comment on the ministerial statement, based on which Salam’s government is expected to obtain a vote of confidence.
In the first session, Hezbollah's parliamentary bloc announced through its head, Mohammed Raad, its agreement to give the government a vote of confidence.
Free Patriotic Movement MP Gebran Bassil, formerly allied with Hezbollah, announced that he would not give the government his vote of confidence despite agreeing with its statement “regarding Resolution 1701, the liberation of the land, the state’s exclusive rights to arms, and the authority to decide on war and peace.”
In a clear stance, he called for “disarming Palestinian camps,” stressing that “there is no justification for the continued presence of any Syrian refugee in Lebanon.”