A new regulation redraws the map of cooperative work
The Ministry of Social Affairs and Membership issued a new regulation to organize cooperative work in Kuwait, aiming to promote governance and transparency, and to improve financial and administrative oversight of cooperative societies and federations. The regulation includes the establishment of a unified electronic platform to manage procedures, financial transactions, and contractual dealings. It also sets standards for employment and contracting, alongside strict controls to ensure supplier dues are paid within 15 to 45 days. Additionally, the regulation imposes restrictions on promotional festivals and enhances electronic oversight processes. It arranges the work of permanent committees and requires that Kuwaiti employees be of good conduct, not retired, and pass interviews. Furthermore, it specifies salary scales for supervisory staff and includes penalties for violations, all to strengthen transparency and organized institutional operation.
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