21 Hrs
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الوسط
Trade fines reach 141,500 dinars in Q2
The Kuwaiti Minister of Finance announced that the general budget for the current fiscal year recorded a deficit of 141.5 million Kuwaiti dinars, with revenues decreasing by 66% compared to the previous year, due to declining oil prices and global market impacts. He clarified that expenditures amounted to 10 billion dinars, while revenues reached 9.858 billion dinars, leading to an 8% decrease in revenues compared to the same period. The minister confirmed that the government is taking measures to mitigate the deficit by improving resource management and boosting non-oil revenues.
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