Arabian Gulf Business Insight on MSN

Drop in oil income widens Kuwait’s budget deficit

Kuwait’s budget deficit widened considerably for the 2025-26 fiscal year, driven by a sharp drop in oil income, according to the finance ministry. The deficit increased by 13 percent to KD7.1 billion ...
A variable-income budget requires more discipline during high-income months because you also need to prepare for slower ...
New York City’s new budget includes a major expansion of CUNY’s early childhood teacher training as Mayor Mamdani launches ...