Eight state institutions poised to generate 3.2 billion dinars surplus by 2027

Eight government entities in Kuwait are expected to generate combined surpluses of around 3.2 billion dinars by the end of the 2026–2027 fiscal year, according to figures included in the country’s general budget laws. The projected gains are largely driven by the strong financial performance of investment and economic institutions.

The Public Institution for Social Security (PIFSS) is expected to record the largest surplus, with its budget projecting profits of approximately 1.8 billion dinars during the current fiscal year. The institution estimates total revenues at about 8.2 billion dinars, compared with expenditures of roughly 6.4 billion dinars, reports Al-Qabas daily.

The Kuwait Petroleum Corporation (KPC) is projected to generate net profits of around 767.8 million dinars, supported by estimated revenues of 21.1 billion dinars against projected expenses of 20.3 billion dinars.

Meanwhile, the Kuwait Fund for Arab Economic Development is expected to achieve profits of about 269.3 million dinars, with revenues estimated at nearly 296 million dinars and expenses at approximately 26.9 million dinars.

The Public Authority for Industry is forecast to post a surplus of roughly 107 million dinars, with revenues estimated at 169.7 million dinars — the largest share coming from industrial land rentals valued at around 116 million dinars—compared to expenditures of about 62.1 million dinars.

The General Authority for Communications and Information Technology is also projected to generate profits of approximately 105 million dinars, based on estimated revenues of 134 million dinars and expenditures of around 29 million dinars.

In addition, the Central Bank of Kuwait is expected to record a surplus of about 97.6 million dinars, with revenues estimated at 167.3 million dinars against expenditures of 69.7 million dinars.

The Kuwait Ports Authority is projected to achieve a surplus of approximately 32.7 million dinars, supported by revenues estimated at 92 million dinars and expenditures of about 59.2 million dinars.

The budget data also showed that the Public Authority for Minors Affairs is expected to record a surplus of around 24 million dinars, reflecting revenues exceeding expenditures during the current fiscal year.