The reform comes as Kuwait seeks to diversify its revenue streams beyond oil income, following similar moves by other Gulf nations to modernise their tax systems
Ministry of Finance – Kuwait
Latest in Ministry of Finance – Kuwait
Kuwait
Kuwait reports $20.1bn budget surplus
Kuwait national revenues hit $93.8bn in fiscal year, driven by high oil price
Kuwait
Kuwait eyes major tax changes: report
Kuwait considers major changes to taxation in the country according to a media report
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budget deficit
Kuwaiti ministries to limit public spending amid steps to address budget deficit
Call to contain costs of local and internationally-held functions and exhibitions, travel expenses relating to overseas training, foreign missions and medical treatment for nationals
budget deficit
Kuwait’s budget deficit narrows to $11bn on oil price, revenues
Kuwait’s Finance Ministry says higher-than-anticipated crude prices and a rise in non-oil revenue cut budget deficit in last fiscal year
Ahmad Al Hassan
Kuwait seeks $59m for international advisor for railway project
Kuwaiti media has reported that the Kuwaiti railway project will cost an estimated $3 billion