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FINANCIAL NEWS
Kuwait’s spending increases 8 percent in 10 months
11 Mar 2014
(MENAFN) Government spending in Kuwait has boosted by 8 percent in the first 10 months of this fiscal year compared to the same period a year earlier, according to Arab News.
The government spending is still much lower than expected in its initial plan.
Kuwait’s public expenditure was estimated at USD37.6 billion during the months from April to January, up from USD34.69 billion a year earlier.
Kuwait has been changing its budget plans as political discussions delay budget approvals in parliament and investment spending.
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