Kuwait's Minister of Social Affairs, Family, and Child Affairs, Dr. Amal Al-Huwaileh, during a visit to the Control and Supervision Center for Cooperatives, stressed the need for intensified supervision over cooperatives and their branches. This visit took place on Saturday and aimed to assess the center's performance and monitor the operations of cooperatives and their branches.
Legal Actions and Precise Supervision
During this visit, Dr. Al-Huwaileh emphasized the need for swift and legal action against violations, stating that violators should be dealt with without any leniency or consideration. She also highlighted the importance of utilizing modern technologies to identify violations and enhance the efficiency of supervision. According to the minister, these actions can help ensure cooperatives' compliance with approved decisions and directives.
Read more: Jefferies Report: Investment in Artificial Intelligence May Have Peaked
Strengthening Coordination and Field Inspections
The Minister of Social Affairs and Family also called for strengthening coordination between the control center and relevant supervisory departments, emphasizing the need for more field inspections to make investigations faster and more effective. Dr. Al-Huwaileh also identified the protection of the rights of shareholders and consumers and the preservation of the financial resources of cooperatives as priorities for the ministry.
In conclusion, the minister stressed the importance of transparency, order, and governance in the cooperative sector, stating that these principles must be adhered to in all cooperative activities to effectively protect public and private interests. Dr. Al-Huwaileh, as a responsible official in this ministry, intends to increase public trust in the cooperative system through effective actions.
Read more: Decrease in Investment in AI Technology Removed $2.5 Trillion from U.S. Markets · Kuwait Weather: Hot Weather and Chance of Thunderstorms on Saturday




