The Amir of Kuwait is trying to get a 1.09 billion dollar found from the government to relief the Debt of Kuwaiti citizens.
They owe a total of 16.84 billion Dollars.
Todays news at Arab Times….

Two days ago, citizens have demonstrated, because the government didn’t want to cancel their debts.
It seems to have helped.

As far as I know, Kuwaiti citizens who can’t pay their debts get them canceled by the government.
Something that I have never heard of in any other country.

Correct me, if I’m wrong at anything, which might as well be, ‘cause I have ignored this up to now.
And please enlighten me how something like this works and is good for the economy and for the relationship people have to money.

The whole article on Arab Times.