CLOSE 'CORONA DONATION' ACCOUNTS' - THE GOVERNMENT INFORMS LOCAL BANKS

  • 18/03/2022

Kuwait City: According to a decision issued by the Council of Ministers, all local bank accounts that were actively receiving cash to support the government's efforts to combat the Covid-19 pandemic must be closed, while the main account with the Central Bank of Kuwait will continue to receive donations in this regard. According to informed sources, only the main account opened with the Central Bank of Kuwait would be retained to collect donations made in this regard, per directives issued by Minister of Finance Abdel Wahab Al- Rasheed. 


He went on to say that the rationale for closing the accounts at local banks was a large decline in donations at local banks. It is worth noting that the Council of Ministers approved, during its extraordinary meeting on March 26, 2020, the establishment of intermediary accounts with all local banks to facilitate receiving cash contributions to support efforts to combat the Covid-19 pandemic, provided the funds were transferred to the main account with the Central Bank of Kuwait.

Related News

MoI Cracks Down on Illegal U-Turns
  • 11/02/2025
Discounts Don't Affect Return/Exchange Rights
  • 08/02/2025
Kuwait Arrests Reckless Driver After Viral Wedding Video
  • 08/02/2025
Shifa Al Jazeera Medical Group to Host Shifa Excellence Awar ...
  • 08/02/2025
Kuwait Bans Water Pistols and Balloons
  • 07/02/2025
Kuwait Tops Global Hunger Index 2024 as Least Hungry Country
  • 04/02/2025
MoI: Implementation of new traffic fines on April 22
  • 04/02/2025
Kuwait Council of Ministers Holds Weekly Meeting at Bayan Pa ...
  • 04/02/2025
Kuwait population increases every 5 minutes
  • 03/02/2025
Kuwait Stabilizes Market Ahead of Ramadan
  • 29/01/2025
Kuwait Arrests Egyptian Expat for Forging Medical Documents
  • 29/01/2025
Kuwait Ministry of Education Cuts School Bag Weight by 50%
  • 27/01/2025