ZAWYA: Kuwait pursues major projects in 2026-2027 budget
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Kuwait is advancing major projects in its 2026-2027 budget, including airport expansions and infrastructure developments, as part of a stimulus package to mitigate regional tensions. Finance Minister Yaqoub Al-Rifai announced plans to enhance economic activity and job creation, with a budget forecasting revenues of KWD 16.3 billion and expenditures of KWD 26.1 billion, resulting in a KWD 9.8 billion shortfall. Capital spending is projected at KWD 3.1 billion, focusing on strategic projects like the new airport terminal and wastewater treatment plants.
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