Kuwait draft budget foresees narrower deficit for fiscal 2021/22 -statement | Reuters
Kuwait’s finance ministry has proposed a draft 23.05 billion dinar ($76.2 billion) budget for the fiscal year starting on April 1, it said in a statement on Monday.
The budget forecasts government revenues of 10.9 billion dinars in fiscal 2021/2022, meaning it expects a fiscal deficit of 12.1 billion dinars - 13.8% narrower than the deficit budgeted for the fiscal year ending on March 31.
($1 = 0.3024 Kuwaiti dinars)
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