Saturday 10 October 2015
Kuwait budget

Kuwait cabinet approves $77.4bn draft budget

Kuwait's cabinet has approved its draft budget for the next fiscal year starting in April with a projected 3.2 per cent rise in spending from the plan for the current year. The draft 2014/15 budget was approved at a cabinet me


Kuwait budget surplus to hit $44.7 billion

  Kuwait's budget surplus for the first six months of FY 2012/13 reached KD12.6 billion ($44.7 billion) before allocations to the Reserve Fund for Future Generations (RFFG), said a NBK report.  


Kuwait sets $56bn budget, boosts spending

Kuwait's parliament approved on Wednesday a $56 billion state budget for 2010/11 which increases spending by 67.2 per cent from the previous fiscal year as the Gulf country aims to reduce its dependence on oil. The new budget projects


Kuwait budget surplus may top KD8bn

Kuwait budget expenditures may fall by 5-10 per cent below the government’s forecast of KD11.3 billion, thanks to ballooning oil revenues, a study by National bank of Kuwait (NBK) said. This may leave an overall surplus of KD7.7–9.1 billio

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