Council of Ministers approves final account for financial management of 2025/2026
The Council of Ministers approved the final account for the financial management of the fiscal year 2025/2026, with the state's revenues reaching 16.456 billion Kuwaiti dinars, compared to expenditures of 23.598 billion dinars, resulting in an actual deficit of 7.141 billion dinars, covered from the general reserve. The council also reviewed efforts towards digital transformation and updating contracts with Google Cloud and Microsoft to enhance government services and technological readiness. Additionally, it discussed the "Kuwait Season for Youth and Sports" project to promote cultural and sports activities. The council emphasized support for private initiatives during the Iranian crisis, condemned the attack on a Qatari vessel, and denounced the bombings in Damascus.
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