July 24, 2024

Kuwait reports KD 1.6 bln in actual deficit for FY 23-24

The Ministry of Finance announced on Wednesday that the budget’s actual deficit hit KD 1.6 billion (nearly USD 5.2 billion) in the fiscal year 2023/2024.

The figure reflects a decrease of 17.9 percent compared to last year, according to a ministry pr…

The House of Representatives votes on two laws

The House of Representatives voted, in its session today, Wednesday, on the draft law for the twenty-first amendment of the staff Law No. (25) of 1960.

At its meeting on Wednesday, the House of Representatives also voted to establish a special parlia…