Future Generation Fund
-
No Cash For Salaries In December20 August 2020The government failed to pass the Public Debt Law in Parliament yesterday, and the Council decided to return the law to the Parliamentary Finance Committee again, to submit a new r...No Cash For Salaries In December20 August 2020The government failed to pass the Public Debt Law in Parliament yesterday, and the Council decided to return the law to the Parliamentary Finance Committee again, to submit a new r...Withdrawal From Future Generation Fund Due To Lack Of Liquidity17 June 2021The government has brought the option of withdrawing from the Future Generations Reserve Fund to the fore once again under the pressure of the lack of liquidity in the state treasu...Withdrawal From Future Generation Fund Is Linked To Solving Liquidity Issues26 August 2021The government has identified 4 main parameters for withdrawing from the Future Generations Reserve Fund to fill the budget deficit. The parameters are to limit the withdrawal to a...Future Generation Fund Deduction Law To Be Reintroduced In Kuwait09 August 2022For the benefit of the Future Generations Fund, a proposal is being studied to reintroduce a law to deduct 10 percent of the general budget revenues annually. A local Arabic dai...