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Wednesday , November 21 2018

Tag Archives: budget

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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MPs finalize more budgets

KUWAIT CITY, June 21: The Parliament, in its special session on Tuesday, approved the budgets and final accounts of four government institutions for fiscal 2016/2017 as follows: Public Authority for Youths (PAY), Public Authority for Food and Nutrition (PAFN), Kuwait National Petroleum Corporation (KNPC) and Kuwait Investment Authority (KIA). In …

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MPs wrestle with state budget cuts – Legislators press for 20% reduction

KUWAIT CITY, May 23: The Parliamentary Budget and Final Accounts Committee discussed Monday the estimated budgets of ministries and other government departments for fiscal 2016/2017, in the presence of Finance Minister and acting Oil Minister Anas Saleh. Committee Chairman MP Adnan AbdulSamad said they looked into the ability of Finance …

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KD 22bn budget deficit for 3 years seen

KUWAIT CITY, March 22, (KUNA): Kuwait’s state budget is expected to have a deficit of around KD 22 billion for the next three years as a result of plummeting oil prices, Deputy Premier and Finance Minister Anas Al-Saleh said on Tuesday. In a speech during a national conference on priorities, …

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Speaker presides at budget talks – Panel tackles economic situation

KUWAIT CITY, March 3: Parliament Speaker Marzouq Al-Ghanim on Thursday presided over the Finance and Economic Affairs Committee meeting, during which the panel members and other concerned officials discussed a number of issues related to the current economic situation and ways to address the budget deficit. Besides the committee chairman …

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State budget deficit at 64% … MPs mull solutions – Economic reforms key

KUWAIT CITY, Feb 7: The State budget deficit has reached 64 percent thus efforts at various levels must be exerted to remedy the Kuwaiti economy, a higher authority affirmed on Sunday. Nasser Al-Roudhan, Chairman of the Economic Development Committee at the Supreme Economic Planning Council, indicated in a statement at …

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