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Kuwait’s budget for the new fiscal year that began on April 1 has a deficit of around 40% mainly due to lower estimates of oil prices. The huge deficit has raised eyebrows but it is believed that it will be Read more
The tussle between the government and lawmakers over the 2015-2016 budget could soon be coming to an end after both sides agreed to make concessions. The parliament’s financial and economic affairs committee approved a revised edition of the budget on Read more