Final Accounts for Fiscal Year 2025/2026 Approved for 9 Government Entities
Final accounts approved for nine Kuwaiti government entities, with varying financial results ranging from surplus to deficit covered by the general budget.
Translated by Qiyas from الجريدة — Original source
The final accounts of nine government entities for the fiscal year 2025/2026 were approved in the Official Gazette, “Kuwait Today,” by decrees having the force of law. These decrees revealed disparities in their financial results: some entities achieved surpluses, a portion of which was allocated or fully transferred to the state’s general treasury, while others saw their actual expenditures exceed their revenues, with the differences covered by the general budget.
The General Authority for Housing Welfare incurred expenditures of approximately 552.37 million Kuwaiti dinars during the fiscal year 2025/2026, against revenues of 19.93 million dinars, resulting in an excess of expenditures over revenues of approximately 532.44 million dinars.
Decree-Law No. 111 of 2026, concerning the approval of the final account of the Authority, stipulated that the Ministry of Finance would cover the difference between expenditures and revenues, amounting to 532.43 million dinars.
The Direct Investment Promotion Authority recorded actual expenditures of approximately 8.64 million dinars during the fiscal year 2025/2026, against revenues of 615.3 thousand dinars, registering an excess of expenditures over revenues by 8.03 million dinars.
According to Decree-Law No. 108 of 2026, this excess was to be covered from the expenditures allocated in the budgets of ministries and government departments for the same fiscal year.
The Public Authority for Communications and Information Technology recorded revenues of approximately 139.47 million dinars, against expenditures of 24.03 million dinars, resulting in a surplus of revenues over expenditures of approximately 115.44 million dinars. Decree-Law No. 113 of 2026 stipulated the transfer of approximately 11.54 million dinars, equivalent to 10% of net profits, to the Authority’s general reserve, while the remaining balance of 103.9 million dinars was transferred to the state’s general treasury.
Conversely, the Kuwait Ports Authority achieved a net profit of approximately 52.02 million dinars during the fiscal year 2025/2026, having recorded revenues of 95.48 million dinars against expenditures of 43.46 million dinars.
The Insurance Regulatory Unit recorded a surplus of revenues over expenditures amounting to 5.56 million dinars, after its revenues reached approximately 8.86 million dinars against expenditures of 3.3 million dinars.
The General Authority for Food and Nutrition incurred expenditures of approximately 22.63 million dinars, against revenues of 6.73 million dinars, registering an excess of expenditures over revenues by 15.9 million dinars.
Decree-Law No. 109 of 2026 stipulated that this excess be covered from the budgets of ministries and government departments for the fiscal year 2025/2026.
The final account of the Public Authority for Youth, approved under Decree-Law No. 106 of 2026, revealed expenditures of approximately 12.29 million dinars against revenues of 345.7 thousand dinars.
The excess of expenditures over revenues amounted to approximately 11.94 million dinars, to be covered from the budgets of ministries and government departments for the same fiscal year.
Regarding the Public-Private Partnership Projects Authority, the final account approved under Decree-Law No. 107 of 2026 showed expenditures of approximately 3.41 million dinars against revenues of 552.7 thousand dinars.
Thus, the excess of expenditures over revenues amounted to approximately 2.86 million dinars, to be covered from the budgets of ministries and government departments.
Additionally, Decree-Law No. 105 of 2026 approved the final account of the Kuwait Anti-Doping Agency, which recorded revenues of approximately 65.8 thousand dinars against expenditures of approximately 1.8 million dinars.
The funding provided from the budgets of ministries and government departments to cover the Agency’s expenditures amounted to approximately 1.73 million dinars, as stipulated in the decree.
