Consumer spending in Kuwait hit record levels in 2024, underpinned by a growing preference for card payments and a thriving ecommerce industry. Figures from the Central Bank of Kuwait for 2024 showed ...

KUWAIT CITY - Kuwait’s consumer spending reached an unprecedented level in 2024, with total expenditures by citizens and residents hitting 47.81 billion Kuwaiti dinars (KD). This represents a ...

KUWAIT: Kuwait’s Cabinet on Sunday passed the state budget for the 2025-2026 fiscal year projecting a deficit of KD 6.3 billion, slightly higher than the estimated shortfall of KD 6.5 billion for the ...

KUWAIT CITY, Jan 27: Kuwait’s consumer spending reached an unprecedented level in 2024, with total expenditures by citizens and residents hitting 47.81 billion Kuwaiti dinars (KD). This represents a ...

However, if spending comes in 10 percent below budget as it did last year, this could mean a small deficit of KD38-KD93 million. Kuwait's 2001-2002 budget projects a deficit of $5.95 billion.

Total investment spending in Kuwait grew by 6.2 per cent in real terms in 2013 (nominal growth topped 10 per cent). Implementation of the government’s development plan has been picking up ...

In a significant move to preserve public funds and rationalize government spending, the Kuwaiti Cabinet has instructed 11 government ...

KUWAIT CITY: Kuwait’s consumer price index (CPI), a key measure of inflation, rose by 2.5 percent in December 2024 compared to the same month in the previous year, according to data released by the ...

On the back of its large fiscal surpluses (Kuwait had the largest fiscal surplus in the GCC prior to 2014), substantial reserves and periods of high oil prices, government spending rose from 38.8% of ...

News report KUWAIT, Jan 27 (KUNA) -- The State of Kuwait is taking agile strides on the path toward substantial development of the tourism sect ...

Zyad Abdullah Alnajem Under-Secretary of the Ministry of Commerce and Industry of the State of Kuwait stressed that the ...