Budget deficit
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Oil Price Hike Considered Positive Indication, May Cut Budget Deficit10 June 2016The estimated budget deficit for 2016/2017 is expected to decrease from KD 12.2 billion to KD 6 billion if the oil price continues to rise and break the $50 per barrel ceiling, rep...Increase The Prices Of Fuel Roughly 47 Pc Due To Recent Hike In The Global Fuel Prices,23 October 2017Kuwait Petroleum Corporation (KPC) has presented a request to the concerned committee to review all kinds of subsidies related to fuel for November 2017 based on recommendation to...Budget Deficit Increases Until End Of Fiscal Year 2019/2020 To Kd2.5 Billion31 December 2019The fiscal deficit recorded in the public budget increased from the beginning of the fiscal year 2019/2020 until the end of last November to 2.5 billion dinars, before deducting th...The Budget Deficit In 10 Months Reached Kd5.41 Billion25 February 2021Kuwait’s public budget recorded a fiscal deficit of about KD5.41 billion dinars in the period from April 2020 to January 2021, that is, during the 10 months of the fiscal yea...Kuwaiti Ministries To Limit Public Spending Amid Steps To Address Budget Deficit17 August 2021Kuwait's cabinet has instructed all state bodies to limit spending to at least 10 per cent as part of plans to address the country's budget deficit, ministers agreed on Tue...Sudden ‘surge’ In Budget Deficit16 November 2021Kuwait’s general budget deficit jumped about 15.4 times in just one month after an increase in August by KD 768 million, Al-Rai daily reported. According to statistics issued...Kuwait's Economic Reform Program: A Path To Diversification And Sustainability08 February 2024Kuwait's recent unveiling of its government work program has brought to light a dedicated effort toward launching economic reform initiatives aimed at achieving a more balanced nat...A Weekly Report By Al-Shall Highlights Kuwait's Performance03 March 2024February 2024 marks the conclusion of the eleventh month of the fiscal year 2023/2024, unveiling significant insights into Kuwait's economic landscape through Al-Shall’s weekly rep...