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Kuwait revises building material subsidy rules
The Kuwaiti Ministry of Commerce and Industry issued a decision to amend certain provisions of Ministerial Resolution No. 222 of 2024 regarding the organization of supported and discounted building materials distribution. The amendment requires that the beneficiary must have a loan from the Kuwait Credit Bank, whether for construction, renovation, purchase, demolition, or rebuilding, in order to receive the materials, which will be provided only once and based on the national ID number. Additionally, the beneficiary must own a house and wish to demolish and rebuild it, and they must submit the demolition and construction permits through the electronic system. Furthermore, a letter from the bank outlining the amount of the reserved funds must be provided. The procedures for voucher exchange and verification of the building's status are canceled. The decision will be effective starting August 17, 2026.
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