Article length: 697 words
GCC subsidies prove difficult to roll back
When it comes to Gulf Co-operation Council (GCC) subsidy regimes in need of reform, Kuwait appears to be in most need. All residents, including foreigners, benefit from subsidised petrol, cheap electricity and water, while Kuwaiti nationals get extra support for housing and food. Electricity prices have not changed since 1966, at KD0.002 (2 fils – $0.007)/kWh.
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