Kuwaiti government requires KWD 1.6bn in December

Kuwait – Mubasher: The Kuwaiti government’s monthly financing needs reached KWD 1.6 billion in December, according to Alrai newspaper.

The specialists at public accountancy department of the Ministry of Finance estimated the financing needs of December and informed the Kuwait Investment Authority with it, Alrai added.

This estimation was based on many factors including the actual expenses in December during the last three years, as well as the government bodies' needs and the expected KWD 120 million revenues over the month, the Kuwaiti newspaper concluded.  

Mubasher Contribution Time: 03-Dec-2017 08:43 (GMT)
Mubasher Last Update Time: 03-Dec-2017 10:03 (GMT)