Tag Archives: budget

MPs okay final accounts

KUWAIT CITY, May 29: The National Assembly on Tuesday approved the reports of the Budgets and Final Accounts Committee on the 2016/2017 final accounts and 2018/2019 budgets of the Public Authority for Agricultural Affairs and Fish Resources (PAAAFR), Kuwait Fund for Arab Economic Development (KFAED), Kuwait Municipality, Public Authority for …

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Parliament approves budget panel’s report on Roads and Land Transport

KUWAIT CITY, May 16: The Parliament, in its regular session Wednesday, approved the report of the Budgets and Final Accounts Committee on the draft laws adopting the final account of the Public Authority for Roads and Land Transport for fiscal 2016/2017 and linking the authority’s budget for fiscal 2018/2019, in …

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‘Securing liquidity of reserve funds is vital in emergencies’

Panel to discuss linking ministries, govt bodies budgets KUWAIT CITY, May 12: Minister of Finance Dr Nayef Al-Hajraf said there is no alternative to increasing liquidity in the public reserve by issuing sovereign bonds through renewal of the sovereign bond issuance law, which is called the government’s authorization law to …

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Decree pleasing

ADJUSTMENT of relations between the private sector and the government — any government — is necessary for the revival of the local market. Based on this, King Salman bin Abdulaziz issued a royal order to register all delayed dues of suppliers and contractors within government agencies and to put urgent …

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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 year exceeded KD 54 million, reports Al-Rai daily. In a press release, the Vice-Director for Human Resources and Financial Affairs at the authority Eng Khuloud …

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Ministry cuts down new budget by over hundred million dinars

KUWAIT CITY, Jan 17: With over 2,600 Public Authority of the Disabled employees no longer under the control of the Ministry of Social Affairs, the ministry has cut down its new budget on Chapter 1 (salaries and wages only) by over hundred million dinars, reports Al-Anba daily. The daily quoting …

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‘Budget allocated for Ministry of Education in fiscal ’18/19 not enough’ – ‘Salaries consume major part’

KUWAIT CITY, Dec 10: Ministry of Finance has allotted budget of KD 2.2 billion (about $ 7.2 billion) to the Ministry of Education for fiscal year 2018/2019, says acting Assistant Undersecretary for Financial Affairs in the Ministry of Education Yusuf Al-Najjar, reports Al- Rai daily. Al-Najjar explained the allocation is …

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No delay in implementing plan to merge MGRP, manpower authority

Budget expected to rise from KD 10.4 bln to KD 13.3 bln KUWAIT CITY, June 5: Minister of Social Affairs and Labor, and State Minister for Economic Affairs Hind Al- Sabeeh affirmed that there is no delay in implementing the plan to merge the Manpower and Government Restructuring Program (MGRP) …

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Assembly approves budgets of state agencies

KUWAIT CITY, May 24: The National Assembly, in its ordinary session Wednesday, approved the final accounts and budgets of several government agencies for fiscal 2015/2016 in addition to their link budgets for 2017/2018 as follows: ■ Public Authority for Agriculture Affairs and Fish Resources (PAAAFR): Expenses for financial year 2017/2018 …

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Cabinet ‘assigns’ Ministry of Finance to set budget ceiling

KUWAIT CITY, March 1, (KUNA): The Cabinet on Wednesday assigned the Ministry of Finance to oversee measures taken by its economic committee dealing with setting an expenditure ceiling for the nation’s state budget. In the onset of its routine meeting at Bayan Palace, presided over by His Highness the Prime …

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