Kuwait has earmarked nearly $6 billion for infrastructure and services development in its 2025-2026 budget, which came into effect on April 1. According to Zawya, the funding will support over 90 projects across key sectors, including railways, roads, water, electricity, and the Grand Mubarak Port.
The report cited a government document noting that capital expenditure in the new budget amounts to approximately 1.7 billion Kuwaiti dinars ($5.7 billion).
“The government has set a number of goals to be achieved through such projects in the current budget...they include increasing growth rates, expanding the private sector’s role in the economy and boosting non-oil revenues,” the paper said.
According to the report, infrastructure projects account for the largest share of capital spending in the 2025-2026 budget, with an allocation of KWD 428 million ($1.4 billion).
Kuwait’s budget for the fiscal year forecasts a deficit of around KWD 6.3 billion ($20.43 billion), with total projected revenues reaching KWD 18.23 billion ($60.2 billion).
