A report issued by the Ministry of Finance confirmed that the total Kuwaiti budget deficit during the past 11 months of the fiscal year 2021/2020 amounted to about 5.954 billion dinars.
The report noted, according to Al-Qabas, that by the end of last February, total expenditures amounted to 11.782 billion dinars, noting that these numbers are not final, as it is expected to double With the close of the fiscal year at the end of the current month of March, after approving the expenditures in their true form.
The figures showed an increase in oil revenues collected over what was estimated in the budget by 135.9%, as about 7.649 billion dinars were actually collected compared to 5.628 billion that were estimated to be collected by the end of the year. Current financial.
As for non-oil revenues, by the end of last February, the total amounted to 1.213 billion dinars, with a collection rate of 64.7%. For the fiscal year (2021/2020), about 1.874 billion dinars.
