Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.
The cabinet has approved the draft budget for 2005/06, projecting a fiscal deficit of KD 2,330 million ($8,034 million), an 18 per cent decrease from the 2004/05 budget. Total expenditure is projected to climb by almost 11 per cent to KD 6,930 million ($23,896 million), while total revenues are estimated at KD 4,600 million ($15,862 million), up 39 per cent. The budget now goes to the National Assembly (parliament) for approval.