Government spending reaches 94.1% of budget in fiscal 2024/2025
The Ministry of Finance’s follow-up report for the fiscal year 2024/2025 revealed that government agencies and departments spent 94.13 percent of the approved general budget.
Actual expenditures amounted to 23.11 billion dinars, compared to allocations of 24.55 billion dinars. Agencies with attached budgets recorded a spending rate of 93.99 percent, equivalent to 2.46 billion dinars out of appropriations of 2.62 billion.
Combined, the total expenditure of government agencies and bodies reached 25.57 billion dinars, out of 27.17 billion in appropriations, representing an overall execution rate of 94.1 percent.
According to the report, the Ministry of Justice recorded the highest expenditure ratio, disbursing 99.91 percent of its adjusted budget at 359.89 million dinars.
The Ministry of Oil followed closely with 99.7 percent, amounting to 716.64 million dinars. In absolute figures, the Ministry of Finance – General Accounts – registered the largest spending volume, disbursing 5.78 billion dinars, representing 96.3 percent of its budget.
General Administration spent 119.32 million dinars, equivalent to 87.89 percent of its allocation. The Ministry of Electricity came next with 2.9 billion dinars in expenditures, followed by the Ministry of Health with 2.6 billion and the Ministry of Education with 2.5 billion.
On the other end of the scale, the National Cybersecurity Center was among the lowest-spending entities, with expenditures of just 2.83 million dinars out of 17.68 million, or 16.03 percent of its budget.
The report highlighted that employee compensation remained the largest expenditure item, with 9.69 billion dinars disbursed, representing 97.9 percent of approved allocations.
The Ministries of Education, Interior, Health, and Defense accounted for the highest shares of this category. Spending on goods and services reached 3.38 billion dinars, covering 94.96 percent of allocations.
The Ministry of Electricity and Water was the top spender in this category at 1.7 billion dinars, followed by the Ministry of Health with 794.91 million. Subsidies amounted to 1.1 billion dinars, representing 99.3 percent of allocated funds, while grants from the Ministry of Finance’s General Account totaled 5.5 billion dinars.
The Supreme Council for Planning and Development reported expenditures of 9.37 million dinars, or 86.26 percent of its plan. The Ministry of Commerce and Industry spent 450.69 million dinars, or 97.3 percent of its budget, while the Ministry of Public Works recorded 625.85 million.
Under the social benefits category, expenditures reached 794.16 million dinars, equivalent to 93.9 percent of allocations, and were distributed across 13 ministries including the Amiri Diwan, Foreign Affairs, Finance, Interior, Defense, National Guard, Education, Higher Education, Health, Social Affairs, and Media.
An analysis of sector-level spending revealed that housing and community facilities absorbed 2.2 billion dinars at a rate of 98.75 percent, while education accounted for 3.39 billion dinars at 98.17 percent. Health expenditures stood at 2.68 billion dinars, or 97.68 percent, with hospital services alone totaling 2.43 billion dinars at 98.4 percent.
Public order and safety affairs reached 2.06 billion dinars, equal to 96.5 percent, while economic affairs accounted for 2.48 billion dinars at 87.83 percent. Tourism expenditures stood out with an execution rate of 99.6 percent, totaling 871,350 dinars.
Communications spending reached 130.54 million dinars at 71.93 percent, while transportation recorded one of the lowest execution rates, with 359.42 million dinars at 62 percent. Fuel and energy expenditures stood at 1.46 billion dinars at 96.8 percent, and social protection at 441.9 million dinars at 95.04 percent.
Other categories included street lighting, which consumed 99.9 percent of allocations at 845,700 dinars, and family and children, which recorded a full 100 percent execution at 16 million. Community development expenditures reached 11.23 million dinars, or 98.4 percent, while environmental protection stood at 247.34 million dinars, representing 91.88 percent.
Religion, culture, and entertainment accounted for 756.72 million dinars at 96.94 percent, and higher education absorbed 717.87 million dinars, equal to 96.47 percent.
In terms of revenues, government agencies collected a total of 221.73 million dinars during the fiscal year. The Public Authority for Manpower generated the highest revenues at 107.53 million dinars, representing 48.5 percent of the total.
The Public Authority for Civil Information followed with 20.13 million dinars, while Kuwait Municipality collected 53.47 million. Taxes and fees amounted to 225,790 dinars, representing 9.8 percent of the estimated amount.
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