Personal
- Accounts & Deposits
  - Accounts
  - Al Hayrat Account
  - Current Account
  - Fixed Deposits Account
  - Money Maker Account
  - Salary Transfer Account
  - Starmaker Account
  - Super Saver Account
  - Al Wajaha
  - Overview
  - BBK Lite
  - Overview
  - NRI
  - NRI Services
  - Debit Cards
  - Classic
  - Gold
  - Signature
  - Infinite
  - Self-service Banking
  - ATM
  - Deposit Machines
  - Interactive Teller Machines
  - Bank Certificates Issuance Machines
  - Debit Card Issuance Machines
  - Foreign Exchange
  - Remittance
  - American Express
  - HSBC Transition
  - HSBC Customers
- Credit Cards & Financing
  - Credit Cards
  - Platinum
  - Signature
  - Infinite
  - Financing
  - Car Finance
  - Personal Finance
  - Mazaya Mortgage Financing Scheme
  - Mortgage Finance
  - Finance for Women
  - Finance for Doctors
  - Finance for Retirees
- Insurance & Investments
  - Insurance
  - Home Secura
  - Motor Secura
  - Travel Secura
  - Investment
  - Bonds
  - IPO
  - Mutual Funds
  - Real Estate Investment
- Ways to Bank
  - Branches and Self-Service
  - Branches
  - ATM
  - Deposit Machines
  - Debit Card Issuance Machines
  - Corporate Deposit Machines
  - Interactive Teller Machines
  - Bank Certificates Issuance Machines
  - Contactless Payments
  - Apple Pay
  - Samsung Wallet
  - Google Pay
  - Garmin Pay
  - Fitbit Pay
  - More Ways to Bank
  - Mobile app & Online Banking
  - eStatements
  - BBK BanKey
  - Corporate Deposit Card
  - Debit Card
  - Telebanking
  - Open Banking
  - AFAQ Payment System
  - Remittance
  - Visa Click to Pay
  - Sign Language
  - Sign Language Directory
- Help
  - Help & Support
  - Customer Care
  - Complaints and feedback
  - Download Center
  - Updating Customers' Information
  - Sign Language Directory
  - Fraud and security
  - How BBK Protects You
  - How To Protect Yourself
  - Personal Data Privacy
  - Report An Incident
  - Types of Fraud
  - FAQs
  - ePIN Online Generation
  - IBAN Generator
Business
- Cash Management
  - Accounts
  - Business Current Account
  - Business Fixed Deposit Account
  - Cash Management
  - Bankey eBanking
  - Payroll Services
  - Deposit Machines
  - POS Credimax
  - Remittance
- Lending
  - Working Capital Finance
  - Overdraft
  - Cheque discounting
  - Short Term Loans
  - Long Term Finance
  - Project Finance
  - Assets Finance
  - Real estate Finance
- Trade Finance
  - Trade Finance
  - Letters of Credit: Import/Export
  - Letters of Gaurantee
  - Documentary Collection
- Treasury and Investment
  - Treasury
  - Foreign Exchange
  - Hedging Solutions
  - Liquidity Investment Solutions
- Banking & Institutions
  - Corporate Banking
  - Government Affairs
  - Real Estate, Services and Trading
  - Contracting, Building Material, and Manufacturing
  - International Banking
  - Overview
  - Services
  - NRI
  - Offshore Branches
  - Representative offices
  - Enterprise Banking
  - Overview
- Help
  - Help & Support
  - Customer Care
  - Complaints and feedback
  - Download Center
  - Updating Customers' Information
  - Fraud and security
  - How BBK Protects You
  - How To Protect Yourself
  - Personal Data Privacy
  - Report An Incident
  - Types of Fraud
  - FAQs
  - ePIN Online Generation
  - IBAN Generator
PREMIUM
Investor Relations
Who We Are
Media Center

Kuwait warns a budget deficit

24 May 2014

(MENAFN) Kuwait”s finance minister warned that the country will face a certain budget deficit due to growth in spending, which has outpaced a rise in public revenues, The Peninsula Qatar reported.

“A budget deficit is inevitable… as the average annual growth in public spending was 20.4 percent during the past decade against a 16.2 percent average rise in revenues,” mostly from oil, the minister said.

The minister added that between the years 2005 and 2013, government wages increased from USD8.3 billion to USD33.8 billion, a massive 25 percent annually on average.

Accounts & Deposits

Accounts

Al Wajaha

BBK Lite

NRI

Debit Cards

Self-service Banking

Foreign Exchange

HSBC Transition

Download Our App

Credit Cards & Financing

Credit Cards

Financing

Download Our App

Insurance & Investments

Insurance

Investment

Download Our App

Ways to Bank

Branches and Self-Service

Contactless Payments

More Ways to Bank

Sign Language

Download Our App

Help

Help & Support

Fraud and security

Download Our App

Cash Management

Accounts

Cash Management

BBK Business App

Bankey App

Lending

Working Capital Finance

Long Term Finance

BBK Business App

Bankey App

Trade Finance

Trade Finance

BBK Business App

Bankey App

Treasury and Investment

Treasury

BBK Business App

Bankey App

Banking & Institutions

Corporate Banking

International Banking

Enterprise Banking

BBK Business App

Bankey App

Help

Help & Support

Fraud and security

BBK Business App

Bankey App

Advance

Download Our App

Premier

Download Our App

Al Wajaha

Download Our App

Privé

Download Our App

Investor Relations

Who We Are

Media Center

Accounts

Al Wajaha

BBK Lite

NRI

Debit Cards

Self-service Banking

Foreign Exchange

HSBC Transition

Credit Cards

Financing

Insurance

Investment