Monday 29 December 2014
 
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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

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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.  

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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

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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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