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Kuwait is served by a variety of public authorities and there is also a wide range of public institutions which provide various services to citizens and residents. Central Bank of Kuwait (CBK) Acts as banker and financial advisor to the government, directs monetary and credit policies, supervises the banking system, as well as issuing and controlling the currency. Government Audit Bureau It is responsible for auditing the accounts of ministries and public establishments. The Bureau has wide powers of investigation and submits an annual report to the National Assembly and the Government. Public Authority for Civil Information (PACI) Maintains a comprehensive database on citizens and expatriates alike. PACI issues the civil ID card which must be carried by all residents. Kuwait Institute for Scientific Research (KISR) Promotes applied research in areas closely connected with Kuwait's development needs. It includes the National Scientific & Technical Information Centre (NSTIC) which supplies scientific data to public and private clients. Kuwait Foundation for Advancement of Sciences (KFAS) It is a funding agency for the promotion and support of scientific research throughout the world. It sponsors research in pure and applied sciences, engineering, health, food and socio-economic sciences worldwide and awards prizes for scientific achievements beneficial to Kuwait. Kuwait Investment Authority (KIA) It is the government's main investment agent both overseas and locally. It operates from the Ministries complex in Kuwait City but has several overseas offices, the KIO (Kuwait Investment Office in London being its main centre abroad. At present, KIA is administering the privatisation programme.
Kuwait News Agency
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