Kuwait expects $30.4bn budget deficit next fiscal year

Kuwait expects $30.4bn budget deficit next fiscal year

January 15, 2020 at 11:58 am | Published in: Kuwait , Middle East , News. The budget deficit before deducting the sovereign wealth fund's share amounted to about 7.7 billion KWD ($25.4 billion) compared with 6.6 billion KWDs ($21.8 billion) estimated this fiscal year.. The ministry expected revenues of 14.8 billion KWD ($48.9 billion) compared with 15.8 billion KWD ($52.2 billion dollars) estimated in the 2019/2020 year..