Subsidies for fuel and petroleum products 2023-2024

Last updated: 22 May 2023

The Ministry of Finance of Kuwait announced the submission of the draft budget for the fiscal year 2023-2024 to the National Assembly. Kuwait's budget forecast for the year 2023-2024 foresees KD 5.9 billion of subsidies to support Kuwaiti citizens, which include an increase in subsidies for fuel and petroleum products for a total of KD 1.158 billion.

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