Wednesday , February 20 2019

Tag Archives: budget deficit

Frightening budget with a deficit of KD 7.7 billion

With a deficit of KD 7.7 billion and expenses totaling KD 22.5 billion in our new budget from April 1, our budget is not comforting …

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State finance a ‘cash cow’

Ahmed Al-Jarallah Editor-in-Chief, the Arab Times THE oil minister’s presentation of the new budget proved that the State is a cash cow. It is an …

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Budget deficit for ’19-’20 to hit KD 7.7bn

KUWAIT TO BOOST SPENDING, EYES OIL AT $55-$65 bbl KUWAIT CITY, Jan 21, (Agencies): Kuwait’s estimated budget deficit for the 2019/2020 fiscal year could soar …

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MoF announces budget surplus of KD 1.29 billion in April & May

KUWAIT CITY, Oct 11: Ministry of Finance announced a budget surplus of KD 1.29 billion in April and May, reports Al-Rai daily. The surplus prior …

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‘Govt should not borrow to finance budget deficit’

KUWAIT CITY, Aug 8: The State Audit Bureau recommends that the government should not borrow for financing the budget deficit, and should instead opt for …

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Non-oil revenue up 21.7% – Kuwait releases closing accounts

TOTAL EXPENDITURE DIPS 3.3% … FISCAL DEFICIT DOWN 18.1% KUWAIT CITY, July 28: The Kuwait Ministry of Finance Saturday announced the State of Kuwait’s closing …

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Local market stagnant for nearly four years – ‘Review reasons that prevent expats from owning property’

KUWAIT CITY, July 4: The Mudon Ahlia Real Estate Company has urged the real estate sector in Kuwait to review the reasons that prevented the …

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PAM no longer dependent on state budget, says Al-Shihab

Almost 98 pc of people in Kuwait use Internet KUWAIT CITY, Feb 1: Revenues of the Public Authority for Manpower (PAM) in the 2017/2018 fiscal …

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Income diversification, deficit key challenges in ’18

KUWAIT CITY, Jan 30, (KUNA): Kuwait government has been carrying out a multi-faceted plan for four years now to address budget deficit and diversifying national …

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KD 20b spending cap in ’18/’19 budget – ‘Kuwait reform budget also expansionary’

KUWAIT CITY, Jan 29: The Kuwait Ministry of Finance today announced the government’s proposed budget for the fiscal year 2018/2019. The budget sets the government’s …

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