Executive Summary
According to press reports from Kuwait, the Cabinet and the Supreme Council for Planning and Development accepted a Ministry of Electricity and Water committee report, on October 15, 2014, on the issue of discussing some state subsidies, which culminated in the decision to increase the prices of diesel and kerosene by threefold[1]. The main topic of the report was that of the reassessment of electricity and water tariffs. However, given the ramifications and sensitivity of the matter, the issue was reserved for further future discussions. In the joint policy research paper, Powering Kuwait into the 21st Century: Adopting a Sustainable Strategy, the argument was raised that it was time to increase electricity tariffs for a number of strategic reasons, which has been recently implemented by the Kuwaiti government as enumerated in the above table.
