Kuwait PM submits resignation of cabinet to crown prince

Kuwait's prime minister submitted the resignation of his cabinet to the crown prince on Monday.
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Higher oil prices have bolstered Kuwait's public finances, however there is no political consensus over what to do with the cash [source: Getty]

Kuwaiti Prime Minister Sheikh Ahmad Nawaf al-Sabah on Monday submitted the resignation of his cabinet to Crown Prince Sheikh Meshal al-Ahmad al-Sabah, who has taken over most of the ruling emir's duties, the state news agency KUNA reported. 

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The Kuwaiti government barely had six months in office, however, disputes erupted over legislation some ministers said would strain state finances. 

One of the points of contention was a bill which proposed for the government to buy billions of dinars worth of citizens' consumer loans. Ministers rebuked this idea and others. 

Stalemates between Kuwait's government and parliament have often led to cabinet reshuffles and dissolutions of the legislature over the decades, hampering investment and reforms.

The outgoing cabinet is the third to be formed by Prime Minister Sheikh Ahmed Nawaf al-Ahmed Al-Sabah - son of the country's 85-year-old ruler - since he took the helm of the government in August.

The resignation nullified plans by lawmakers to question two ministers on Tuesday, over the management of state finances and a debt relief bill that would see the state buy personal loans of Kuwaiti citizens.