KUWAIT: While at least 31 out of 50 parliament members support efforts to pass a draft law forcing the government to purchase Kuwaitis? loans in local banks, cabinet insiders reiterated governmental rejection to the idea of a plan carried out ?without coordination between the executive and legislative authorities to achieve what is best for the country?.
At least seven lawmakers have separately proposed draft laws last week calling on the government to purchase citizens? loans and reschedule them through certain mechanisms after all interests would be written off.
?There are no calls between the Central Bank, Finance Ministry, local banks or any other relevant bodies regarding the issue which remains unlikely at least for the present?, said sources who spoke to Al-Rai Thursday. Speaking on the condition of anonymity, the sources stated, ?delusions based on promises given during election campaigns in recent years? for the current wave of demands behind the issue.
On Thursday, MP Mushari Al-Husaini proposed a draft law to resolve the problem ?through a mechanism that maintains justice and equality? within citizens; one of the main takes for the government against a bill requiring a write-off only to the loans of defaulters. ?[The solution] is through turning [the government-sponsored] defaulters? fund into a portfolio similar to the Savings and Credit Bank which then reschedules loans through simplified installments?, Al-Husaini explained in statements to Al-Jaridah.
MP Abdulhameed Dashty also proposed a similar draft law Thursday to ?establish a public authority to settle the debts?, defending his project in statements to Al-Rai as ?does not lead to squander of public funds or contain violations to the law or constitution?.
Finance Minister Mustafa Al-Shamali stirred a controversy last week with press statements in which he insisted that any draft law to write off loans will not get support from the cabinet. Under Kuwaiti law, the cabinet can reject a draft law passed by the parliament which would have the opportunity to force it through a two-thirds majority in a second vote. Al-Shamali?s statements sparked strong reactions from MPs. Notably statements of Husain Al-Qallaf who threatened the minister on Thursday with a grilling motion for ?provoking the public?, adding that Al-Shamali would be questioned for ?damaging the general interest of the country and its citizens?.
Meanwhile, several lawmakers spent the last working day of last week coordinating to finalize priorities to be tackled by the parliament?s committees as well as discussions to form what sources described as ?parliamentary coalitions?. Speaking to Al-Qabas on condition of anonymity, the sources indicated that MPs Khalil Al-Saleh, Saleh Ashour, Nawaf Al-Fuzai? and Abdullah Al-Tamimi continued discussions to form a new bloc, which is also set to include MP Faisal Al-Kandari, adding that discussions are set to resume tomorrow.
Meanwhile, MP Al-Fuzai announced that he had finalized preparations to submit a request calling for establishing a parliamentary investigation committee in order to investigate potential ?financial or property gifts? utilized by parliament members during the period between 2006 and 2008. Also, head of the foreign affairs committee MP Ashour announced plans for the panel to discuss details of the security treaty signed by Gulf Cooperation Council countries ?as soon as it reaches the parliament?.
In another development, MP Nabeel Al-Fadhl issued a statement addressing First Deputy Prime Minister and Interior Minister Sheikh Ahmad Al-Hmoud Al-Sabah, calling him to stop ?chaos in residential areas? and implement the law against organizers of protests carried out by opposition supporters, naming former MP Dr Waleed Al-Tabtabaei in specific. His statement came before Al-Tabtabaei announced on Thursday that he was summoned with fellow former MP Dr Jamaan Al-Harbash by officers at the Shamiya police station for investigations pertaining to charges of participating in an unlicensed rally in Kaifan. The demonstration had taken place Wednesday night simultaneously with protests in Al-Faiha, Al-Adailiya, Sabah Al-Nasser and Al-Jahra areas demanding the cancelation of the single-vote system and the dissolution of the parliament.
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Source: http://news.kuwaittimes.net/2012/12/21/mps-to-confront-cabinet-on-loans/
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