20 Hrs
Source:
الراي
Charitable transfers require official approval
The Ministry of Social Affairs issued instructions to banks and money exchange companies not to approve any domestic disbursement or external financial transfer to any charitable organization in Kuwait unless approved by the ministry. This measure is part of efforts to enhance transparency and efficiency in charitable work, ensuring that funds are directed to those who deserve them, following the addition of these entities to the central platform. Additionally, organizations are required to provide the Central Bank with detailed monthly reports on financial transfer operations related to charitable associations and non-profit institutions in the country.
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