Kuwaiti citizens aggrieved for the governments boycott of the bill which proposes to write off the bad debts of the citizens

The parliament witnessed huge scenes in Kuwait with several people storming around to oppose the boycott by the government in passing a bill which had proposed to write off the bad debts owed by Kuwait citizens. Since this was much anticipate the failure of the house to conduct business have resulted in the huge cry and hues. This bill was supported by thirty members of parliaments and therefore the failures of the state to pass it on account of government boycott have agitated the citizens.

The people who protested the move raised slogans against the sate and its finance minister as the speaker had could not carry the session further due to the absence of all cabinet ministers. The nation's law points out that one cabinet minister should be present for business to be transacted properly.

Much to the relief of the citizens, the supporting MPS have determined to initiate a plea for the matter to be taken into consideration during the regular winter session of the parliament at the earliest. This proposal is bound to cost the state a sum $5 billion. They also add that the loan amount due is around $166 billion in emirate whereas the total population amounted to just 1 million. Further they point out that it is very important to help the locals and extending financial assistance to international nations should not be the numero uno priority. One of the MP by name Mohammed Al Khalifa issued a strong statement in support of this.

On the contrary sources in the government say that if this bill is passed it will amount to destabilization of the economy and as well as encouraging irresponsible borrowers. The finance minister Bader Al Humaidhi cities empirical details in defense of the government and added that the consumer loans for the present week alone amounted to a whooping sum of $4.3 billion. Further he adds that the state has already given lots of benefits and if the proposed bill is implemented it will also benefit many of the foreigners who reside there.