For the 5th Year in a Row, Kuwait Projects Budget Deficit

Posted on 07/05/2019


Kuwait’s National Assembly passed the country’s fiscal year 2019-2020 budget. This budget projects a 6.7 billion Kuwaiti dinar (KD) deficit for the fifth year in a row. In 2014, Kuwait, like many other Gulf nations, was impacted by the oil price crash. In addition, revenues are projected to be 15.8 billion KD, with the majority […]