Kuwait- Finance Ministry keen on strengthening commercial, economic growth


(MENAFN- Kuwait News Agency (KUNA)) KUWAIT, July 17 (KUNA) -- Minister of Finance Nayef Al-Hajraf on Tuesday affirmed Kuwait's keenness on strengthening its commercial and economic ties on a global scale.
"Customs are an asset to enhancing the general budget of the country, and play a vital role in developing services and business environments," said Al-Hajraf in a statement. His remarks came amid a tour in Shuwaikh Port to check on latest updates in the control room of the new structural projects of the Kuwait General Administration of Customs.
"It's a well-appreciated effort, and they (Administration) have our full support to achieve that vision (His Highness the Amir's to turn Kuwait into an international financial hub)," Al-Hajraf noted.
The minister assured the significance of the Kuwaiti human element in the Administration, and for the entity to fulfil its duties in various positions, saying "they are of the most integral and long-term investment," especially since the quantum leap the Administration have made in enabling companies to pay customary taxes online. (end) km.ht.bb

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