A high unemployment rate, coupled with youth employment in the public sector, has led to a decision taken by the Kuwaiti Cabinet, wherein, the Public Authority for Manpower aims to create a clear, feasible plan for employment of 100,000 nationals in the private sector in four years.
The plan, which would be implemented next year, aims to lower the pressure of paying salaries, which takes up 60 percent of the state budget.
The plan further aims to encourage employment of Kuwaitis in private sector, rather than in the public sector, as its benefits and advantages are being marketed in the media.
The Manpower Authority was assigned to do studies on the incentive plans implemented by other GCC nations regarding incentives to be provided to private sector firms for employing nationals, and to identify high-priority jobs to attract local talents from next year.
The authority was asked to close the salary gap between expat workers and nationals through various policies, and to bridge gaps in the pay scale.
The authority was also asked to reduce fake employment, monitor companies and implement effective penalties on violators.