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The article indicates that the Kuwaiti government plans to raise gasoline prices in 2026, with the price expected to reach 515 fils per liter, representing an increase of approximately 48% over the current price. This comes as part of a strategy to boost revenues and reduce government subsidies, aiming to generate a total revenue of 1,448 million Kuwaiti dinars in the fiscal year 2026/2027. It is noted that the decision to increase prices follows a period of deliberation and comparison with gasoline prices in neighboring Gulf countries. The move is expected to contribute to improving the country's overall budget, while the government will continue to support public transportation and certain eligible groups.
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