Kuwait Makes Timely Transfer to SWF, Projects Gov Deficit of $26 Billion

Posted on 06/09/2017


On the backdrop of political headwinds in the GCC region, Kuwait’s parliament had approved a government budget for the current fiscal year to March 31, 2018. The government budget is projecting a fiscal deficit of 7.89 billion KWD (US$ 26 billion) based on an oil price of US$ 45 per barrel. The government is also […]

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