Kuwait's Crown Prince Sheikh Sabah Khaled Al-Hamad Al-Sabah Receives Franklin Templeton CEO During Visit
The Kuwaiti Parliament announced the approval of the state budget for the years 2026-2027, with a value exceeding 11 billion dinars, expecting a fiscal deficit of 4 billion dinars. The proposed budget also includes plans to increase spending on infrastructure and economic development, with a focus on diversifying income sources and reducing dependence on oil amidst economic challenges. The budget was voted on after several weeks of discussions, aiming to enhance fiscal stability and achieve sustainable growth.
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