Bills Ratified After Parties Bury Hatchets:
Bills Ratified After Parties Bury Hatchets: In a landmark decision, the National Assembly of Kuwait has ratified two crucial bills, namely the Housing and Retirees Health Insurance bills. This significant development highlights the cooperative efforts between the government and the Assembly to address the pressing issues of housing and healthcare in the country. The housing bill introduces a Build-Operate-Transfer (BOT) system, enabling private companies to participate in housing projects, while the health insurance bill expands coverage to include additional categories of retirees. This comprehensive article explores the details and implications of these bills, as well as the objectives, benefits, acknowledgments, and challenges in housing development. Bills Ratified After Parties Bury Hatchets
I. Housing Bill: Addressing the Housing Crisis
Bills Ratified After Parties Bury Hatchets: The Housing bill, submitted by 17 Members of Parliament, has been unanimously approved by the National Assembly. It aims to tackle the housing crisis by establishing shareholding companies responsible for implementing housing projects. Key features and provisions of the bill include:
1. Build-Operate-Transfer System
Bills Ratified After Parties Bury Hatchets: The bill adopts the BOT system, allowing local and international private companies to address the housing issue. Under this system, investors will provide the necessary infrastructure, construct houses, and profit from commercial businesses within each housing project. Citizens also have the option to build their own houses, and shares of the companies will be available for public subscription as part of the housing projects.
2. Executive Regulations Urgency
Bills Ratified After Parties Bury Hatchets: Deputy Prime Minister and Minister of Defense Sheikh Ahmad Al Fahd expressed gratitude for the ratification of the bill, emphasizing the significance of legislative-executive cooperation. The urgency for the government to issue executive regulations for this law was unanimously agreed upon by all Members of Parliament, ensuring smooth implementation.
3. Amendments to the Bill
During the ratification session, several amendments were made to enhance the effectiveness of the housing bill. These include:
- Requiring the Public Authority for Housing Welfare (PAHW) to publish a summary of the feasibility study before announcing public subscriptions, outlining plans, the number of houses, and investments involved.
- Allocating capital to each company based on the project’s cost and nature.
- Allocating shares as follows: 25 to 50 percent for public subscriptions, six to 24 percent for PAHW and other public institutions, and 26 to 49 percent for companies with the best offers.
- Establishing a completion period for infrastructure and construction projects, agreed upon by PAHW and the winning companies.
- Governing the distribution of houses under PAHW Law number 47/1993.
- Regulating the relationship between companies and beneficiaries, preventing citizens from purchasing more than one house to ensure maximum benefit for as many citizens as possible.
- Providing a 10-year warranty to beneficiaries, along with regular maintenance obligations by the companies.
- Granting companies a 10-year extension if they provide additional services beyond basic housing, such as commercial activities in residential areas.
- Establishing the responsibility of public institutions for providing basic services and removing obstacles.
- Exempting housing projects from the requirements of the Central Agency for Public Tenders (CAPT) and the State Audit Bureau (SAB).
- Granting a customs exemption for imported construction materials used in housing projects.
- Requiring regular reports from PAHW to the Council of Ministers regarding the performance of its companies.
4. Objectives and Benefits
MP Hassan Jawhar, chairman of the Housing Affairs Committee, highlights the objectives and benefits of the housing bill, which include:
- Forging partnerships between the government, private investors, and citizens to share profits.
- Alleviating the burden on the state by not bearing the costs of housing projects, thereby boosting the national economy.
- Drawing inspiration from successful housing laws in countries like Saudi Arabia, where housing is a significant contributor to national income.
- Focus on infrastructure development in three residential cities—Sabriya, Nawaf Al-Ahmad, and South Khairan—which collectively can accommodate 100,000 houses.
II. Retirees Health Insurance Bill: Expanding Coverage
In addition to the housing bill, the National Assembly ratified the Retirees Health Insurance bill, aimed at expanding healthcare coverage for retirees. This bill amends law number 114/2014 to include more categories of retirees as beneficiaries of health insurance. The key provisions of this bill are as follows:
- Extending coverage to married Kuwaiti women with dependent children, divorcees, and widows.
- Setting the age requirement of 50 years for women to qualify for health insurance.
- Rejecting the proposal to include the disabled as beneficiaries.
- Recommending the exploration of health insurance contracts with companies adhering to Islamic Sharia conditions.
- Establishing a dedicated unit to receive complaints from retirees covered by health insurance. #Bills Ratified After Parties Bury Hatchets
III. Acknowledgments and Challenges in Housing Development
The ratification of these bills has been a result of extensive collaboration involving various institutions, parties, and individuals. The efforts of former Minister of Housing Affairs Ammar Al-Ajmi, PAHW, Kuwait Municipality, Ministry of Finance, Kuwait Credit Bank, and Minister of Justice and State Minister of Housing Affairs Faleh Al-Raqaba have been particularly praised for their contributions. However, the Housing Affairs Committee’s report highlights challenges in housing development, including the existence of 25,000 vacant plots monopolized by a few individuals. To achieve sustainable housing, further laws need to be ratified. #Bills Ratified After Parties Bury Hatchets
Conclusion Of Bills Ratified After Parties Bury Hatchets
The National Assembly’s ratification of the Housing and Retirees Health Insurance bills is a significant step forward in addressing Kuwait’s housing crisis and expanding healthcare coverage for retirees. The comprehensive housing bill, with its BOT system and provisions for private company participation, aims to boost the national economy while meeting the housing needs of Kuwaiti citizens. Simultaneously, the health insurance bill extends coverage to previously underserved categories of retirees, ensuring a more inclusive healthcare system. This legislative achievement reflects the successful cooperation between the government and the Assembly in advancing Kuwait’s social and economic development. #Bills Ratified After Parties Bury Hatchets
FAQs: Housing and Retirees Health Insurance Bills in Kuwait
What are the key provisions of the Housing Bill?
Bills Ratified After Parties Bury Hatchets: The Housing Bill in Kuwait introduces a Build-Operate-Transfer (BOT) system, allowing private companies to participate in housing projects. Key provisions include the allocation of shares for public subscription, the provision of infrastructure by investors, the construction of houses for citizens, and the establishment of completion periods for projects. Additionally, the bill regulates the distribution of houses, maintenance obligations, and the exemption of housing projects from certain requirements.
Why is the Executive Regulations issuance urgent for the Housing Bill?
The Executive Regulations for the Housing Bill are of utmost importance to ensure the smooth implementation of the law. These regulations provide detailed guidelines and procedures for the execution of the bill’s provisions. The urgency to issue these regulations was unanimously agreed upon by the National Assembly to expedite the implementation process.
What are the objectives and benefits of the Housing Bill?
Bills Ratified After Parties Bury Hatchets: The objectives of the Housing Bill in Kuwait are to forge partnerships between the government, private investors, and citizens to share profits, alleviate the burden on the state by not bearing the costs of housing projects, and boost the national economy. The bill draws inspiration from successful housing laws in other countries, such as Saudi Arabia. It focuses on infrastructure development in specific residential cities to accommodate a significant number of houses.
What amendments were made to the Housing Bill during the ratification session?
Bills Ratified After Parties Bury Hatchets: Several amendments were made to enhance the effectiveness of the Housing Bill. These include requirements for the publication of a feasibility study summary before announcing public subscriptions, the allocation of shares based on offers from companies, the establishment of a completion period for projects, regulations for the relationship between companies and beneficiaries, and the granting of a 10-year warranty to beneficiaries, among others.
What does the Retirees Health Insurance Bill entail?
Bills Ratified After Parties Bury Hatchets: The Retirees Health Insurance Bill in Kuwait expands healthcare coverage for retirees by amending the existing law. The bill extends coverage to include additional categories of retirees, such as married Kuwaiti women with dependent children, divorcees, and widows. It sets an age requirement of 50 years for women to qualify for health insurance and recommends exploring contracts with companies adhering to Islamic Sharia conditions. The bill also establishes a dedicated unit to receive complaints from retirees covered by health insurance.
Who are the key contributors to the ratification of these bills?
Bills Ratified After Parties Bury Hatchets: The ratification of the Housing and Retirees Health Insurance bills in Kuwait has been made possible through the collaborative efforts of various institutions, parties, and individuals. Some key contributors include the former Minister of Housing Affairs, Public Authority for Housing Welfare (PAHW), Kuwait Municipality, Ministry of Finance, Kuwait Credit Bank, Minister of Justice, and State Minister of Housing Affairs.
What challenges exist in housing development despite these bills?
Bills Ratified After Parties Bury Hatchets: The Housing Affairs Committee’s report highlights challenges in housing development, such as the existence of 25,000 vacant plots monopolized by a few individuals. These challenges hinder the progress of sustainable housing in Kuwait. To overcome these obstacles, further laws and measures need to be ratified and implemented.
What does the ratification of these bills mean for Kuwait?
Bills Ratified After Parties Bury Hatchets: The ratification of the Housing and Retirees Health Insurance bills marks a significant step forward in addressing the housing crisis and expanding healthcare coverage for retirees in Kuwait. These bills reflect the cooperative efforts between the government and the National Assembly to tackle pressing issues. The Housing Bill aims to boost the national economy, provide housing solutions through private company participation, and inspire successful housing models from other countries. The Retirees Health Insurance Bill ensures a more inclusive healthcare system by extending coverage to additional categories of retirees.
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