Future Generations Fund

Future Generations Fund latest

The seven sovereigns rated by S&P Global Ratings have liquid government assets totaling more than 100% of GDP; notably, three are members of the Gulf Cooperation Council. (SG)

August 28th, 2018 - 09:56 GMT

3 GCC Countries With Liquid Assets Over 100% of GDP

The seven sovereigns rated by S&P Global Ratings have liquid government assets totaling more than 100% of GDP; notably, three are members of the Gulf Cooperation Council.

The State’s accounts recorded KD 16.0 billion in revenue, KD 19.2 billion in expenditure, and closed with a fiscal deficit of KD 4.8 billion after accounting the transfer of 10% of total revenue to the State’s Future Generations Fund (FGF) as mandated by law. (Shutterstock)

July 29th, 2018 - 10:07 GMT

Non-Oil Revenue Rises 21.7 Percent in Kuwait

Kuwait government agrees with a proposal to tax remittances made by expatriates and denied that the Central Bank raised objections. (Shutterstock)

March 28th, 2018 - 08:20 GMT

Kuwait Government Agrees With Proposal to Tax Expats’ Remittances

Economic activity in the Kuwait's non-oil sector has continued to expand, albeit at a slower pace, reflecting the impact of lower oil prices. (Shutterstock/Riyas.net)

January 22nd, 2017 - 07:00 GMT

Oil prices push Kuwait to seek financing for the first time since 1988: IMF

Low oil prices prompted the government to reduce spending notably, with cuts mostly hitting non-essential expenditures with little impact on the domestic economy. (Shutterstock)

September 4th, 2016 - 12:00 GMT

Future Generations Fund latest

3 GCC Countries With Liquid Assets Over 100% of GDP

Non-Oil Revenue Rises 21.7 Percent in Kuwait

Kuwait Government Agrees With Proposal to Tax Expats’ Remittances

Oil prices push Kuwait to seek financing for the first time since 1988: IMF

Kuwait posts $15.2B deficit as low oil continues to exert pressure