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Kuwait’s debt-settlement campaign targets $97m

3,000 apply for assistance; to qualify for assistance, applicants must meet 2 conditions

1 MIN READ

To maintain transparency, the campaign excludes debts arising from illegal transactions, telecom bills, or informal lending sources. Illustrative image.

To maintain transparency, the campaign excludes debts arising from illegal transactions, telecom bills, or informal lending sources. Illustrative image.

Cairo: A state-led donation campaign aimed at settling defaulters’ debts is expected to raise more than KD30 million ($96.9 million) within a month.

Launched on March 14, the initiative has already surpassed KD10 million, with contributions from 20,000 donors.

Abdulaziz Al Ajmi, Director of the Charitable Societies and Endowments Department at the Kuwaiti Ministry of Social Affairs, said that over 3,000 debt-ridden Kuwaitis have applied for assistance. The campaign will continue until April 14.

Also Read: Kuwait’s economy is at an inflection point

Speaking to Al Anba newspaper, Al Ajmi explained that once the campaign ends, the Ministry of Social Affairs will submit a list of eligible cases to the Ministry of Justice, which will oversee the distribution of funds.

Eligibility & restrictions

To qualify for assistance, applicants must meet two key conditions:

Debt must not exceed KD20,000.

The applicant must not have benefited from the previous two campaigns.

Registration remains open, with applicants required to submit official documents proving their financial hardship. Each case undergoes a thorough review to ensure compliance with strict eligibility criteria.

Campaign oversight & restrictions

Now in its third consecutive year, the initiative is managed by the Ministry of Social Affairs in cooperation with charitable societies. Authorities have implemented strict oversight measures to ensure aid reaches those in genuine need.

To maintain transparency, the campaign excludes debts arising from illegal transactions, telecom bills, or informal lending sources. Additionally, only Kuwaiti citizens facing non-criminal financial obligations are eligible.

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