Kuwait 2024-25 draft budget sees $19.15 bln deficit -finance ministry

Kuwait's draft budget for 2024-2025 estimates a deficit of 5.892 billion dinars ($19.15 billion) and total revenues of 18.662 billion dinars, the finance ministry said in a statement on Tuesday.

Kuwait sees oil revenues at 16.234 billion dinars, which is an estimated decrease of 5.4% compared to the previous budget, the ministry added.

Also Read: Kuwait forms first government under new emir and prime minister