Kuwait's state budget for the 2012-2013 fiscal year is seen at around 22 billion dinars ($78.8 billion), a 13 percent increase on the previous year, al-Watan daily reported on Monday.
March 19, 2012 1:34
Surplus accounts for 11.4 percent of GDP; Revenue 4.8 billion dinars vs spending of 648 million dinars
September 19, 2011 11:07
Emir, central bank governor urge action to diversify economy; But development plan lags as parliament fights cabinet; Foreign investment still minimal; Budget can accommodate drop in oil prices
September 8, 2011 4:17
"The misuse of surplus and not investing it in the right direction has led to structural imbalances in our economy and threatens the future of the country in the implementation of programmes and financial obligations," Emir Sheikh Sabah al-Ahmad al-Sabah said.
August 15, 2011 3:44