Spend of KD1.3 bn set on 129 projects

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KUWAIT CITY, Sept 20: A recent government report revealed about 129 projects are included in the 2022/2023 development plan, while the value of their financial appropriations was about 1.3 billion dinars, compared to 138 projects included in the development plan 2021/2022, with financial appropriations of 1.6 billion dinars, reports Al-Anba daily.

According to the followup report of the annual plan 2022/2023 for the first quarter issued by the General Secretariat of the Supreme Council for Planning and Development, the total spending on development projects during the first quarter of the current fiscal year (April 1 to the end of June 2022) was about 31.7 million dinars, compared to 98.8 million dinars for the same period last year 2021/2022.

The report concluded that the projects of the annual plan 2022/2023 are concentrated in the implementation phase by 46% at the end of the first quarter, not to mention that there are 17 new projects in the annual plan, and that 47% of them were in the preparatory phase by the end of the first quarter

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