Low Oil Prices, Security Issues Deal Death Blow To Kuwaiti Parliament

18 Oct 2016   Kuwait

Emir Kuwait Kuwait’s emir Sheikh Sabah al-Ahmad al-Sabah ordered the dissolution of Parliament over the weekend, citing security concerns and “the circumstances in the region”, which includes the oil price crunch and other economic and security worries. The announcement followed an emergency meeting of the government one day after the speaker of the 50-strong legislature called for early elections, again on the grounds of economic challenges, largely stemming from oil. Al Jazeera notes that the Parliament had sent three requests to the government for a discussion on the latter’s decision to raise gasoline prices as well as on allegations of administrative and financial violations. The government’s apparent refusal to respond to the requests indicated growing pressure between it and Parliament. Kuwait, like its neighbors, is almost entirely dependent on oil revenues for its well-being, so the international price crash that started two years ago affected it along with the […]

Tags:

Comments are closed.