Hello viewers welcome to Info Thirst today we are going to talk about Kuwait Expat Quota Bill and its economic view. Before we get into the topic we would like you to Follow us by clicking the follow button. Now that you have done that...So let's dive into it…
If we talk about Kuwait, it is one of the most powerful country and have highest rated currency.
In the national assembly of Kuwait on 7th of July, 2020 Kuwait Expat Bill was approved. And if it's implemented this is going to affect 8 lakhs Indians and many more nation. They will be deported back to their respective countries.
So what is the main reason of Implementing Kuwait Expat Quota Bill. The main reason is to balance the demographic balance, i.e. Kuwait's population problem. There are nearly 70% of foreigners living in Kuwait, and Parliament of Kuwait wants to reduce the number of foreign workers in their country. To give the data in numbers, the population of Kuwait is approximately 4.8 Million out of which approximately 3.8 Million are foreigners. In order to maintain the population proportion of expats and Kuwaitis, this bill is approved.
The intention of expat quota bill is to introduce the quota system for foreigners in Kuwait. Now it is obvious that it is going to affect migrant workers and a some effects on Indian economy which is predicted to be negative.
We will come to know more about it by the time and when it is implemented.
Hope this blog was informative and helped you in some way. Feel free to give your suggestion by commenting in the comment section below. Be updated for more posts by FOLLOWING/SUBSCRIBING us and following us on social media.Thank You for visiting Info Thirst.
0 Comments