Kuwait’s Finance Ministry issued a statement regarding the economic outlook of the Gulf country in the last fiscal year that ended on March 31. According to the statement, Kuwait’s budget deficit hit
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Oman’s year-to-date budget deficit was 890.2 million rials ($2.32 billion) in May 2021, according to the Ministry of Finance, as low oil prices and decreased crude output placed pressure on the small
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The oil-dependent tiny Gulf state Bahrain has revealed economic expectations regarding this year. According to the statement, it is estimated that total expenditure would be around 3.57 billion dinars while the total
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According to two sources familiar with the matter, the Kuwaiti government has proposed a draft law to the parliament to obtain authority to draw approximately $17 billion from the country’s sovereign wealth
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