However, high current expenditure
will not pose a threat to Kuwait's fiscal position as long as oil prices remain high.
The government revised current expenditure
of Economic Affairs to Rs72.
The budgetary allocations indicate that current expenditures
of most of the federal ministries will be frozen at the level of the current year because of tight fiscal position.
A trend analysis shows that both current expenditure
(expenses towards providing quality education, healthcare and the creation of new jobs to the local population) and investment expenditure (overall development expenses) have increased considerably over the years which in turn act as an engine for social and economic growth.
for Public Elementary and Secondary Education
A large proportion of current expenditure
is spent on the operation of environmental equipment, and this amount increases as the size of the total capital stock rises.
The monthly statistical bulletin said that the public expenditure in current expenditure
sector registered a marginal increase by 0.
3 billion, out of which the current expenditure
Furthermore, the current expenditure
(salaries, allowances and operating cost) rise as the state final accounts of 2012 showed a significant increase of 43.
It appears that the government's windfall gains on the revenue side not only covers the additional current expenditure
due to salary revision, but also generates surpluses for the year.
Overall, the current expenditure
is projected to decrease by 6.
The financing of local governments is restricted to financing capital expenditure, not current expenditure
or commercial projects.
1 billion as current expenditure
and JD707 million as capital expenditure.
g) The overall expenditure during 2014-15 are estimated at Rs 4,302 billion, out of which the current expenditure
is Rs 3,463 billion and development expenditure is Rs 839 billion.
Meanwhile, the NCSI figures also highlight a significant drop of 27% in current expenditure
in the public sector spending in 2013, with expenditure totaling RO 6,404 million in 2013 versus the 2012 total of RO 8,773 million.