Kuwait announces large financial deficit Al-Bina Journal



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The Ministry of Finance stated that the total budget deficit amounted to 3,247 billion dinars $ 10.73 billion for the year ended March 31, 2018.

The Ministry said in a press release that the total income amounted to 22.1 million. Total expenditure amounted to 19.247 billion dinars, up 8.7% from the previous year

Capital expenditure amounted to 3.22 billion dinars in 2017-2018, an increase of 22.8% over the previous year. "Finance Minister Nayef al-Hajaraf said that this confirms the state's commitment

Total oil revenue amounted to 14.282 billion dinars in 2018-2018, a 22.2% increase over the previous fiscal year.

The growth and prosperity of the national economy and the progress of construction and development projects in Kuwait. payroll and similar expenses amounted to KD 11 billion during the fiscal year ended March 31, 2018, an increase of 8% compared to 2009. The total cost of the subsidies was raises to 2.97 billion KD in 2017-2018, an increase of 10% for the year before.

2018-07-30

Alco
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The Ministry of Finance declared that the total budget deficit amounted to 3,247 billion dinars 10.73 billion dollars during the fiscal year ended March 31, 2018.
The Ministry of Finance Finance said the total real budget deficit was 3,247 billion dinars for the fiscal year ended March 31, 2018.
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