The Public Authority for Industry ranked as the top government agency in terms of spending on its projects under the 2024/2025 annual development plan.
The Authority’s spending accounted for approximately 65.2% of the total budget, primarily allocated to the project for establishing, completing, operating, and maintaining the infrastructure of the Al Shadadiya Industrial Zone.
A report issued by the General Secretariat for Planning revealed the spending percentages of government agencies on their projects. The General Sports Authority ranked second, with its spending reaching 27.2% of the total allocated for projects in the 2024/2025 annual development plan. This spending is directed towards 3 key projects that the Authority is currently implementing.
The Ministry of Foreign Affairs ranked third in government agency spending, with a commitment of 26.8% for its three projects included in the development plan.
The General Directorate of Civil Aviation followed in fourth place, with its spending percentage reaching approximately 25.9% for 3 projects in its annual plan, making it the fourth most committed agency to spending.
In fifth place, the Kuwait Ports Authority recorded a spending rate of 19.2% for 7 projects included in the development plan. The Public Authority for Roads and Land Transport, with 3 projects in the plan, ranked sixth, with a spending rate of approximately 18.3%, reflecting its position in the list of government agencies based on their spending capacity.
The Public Authority for the Disabled ranked seventh, with a spending rate of 17% for its 2 projects included in the development plan. Following closely, Kuwait University secured eighth place with a spending rate of 12.8% for 1 project included in the development plan for the previous year.
In ninth place, the Public Institution for Housing Welfare, responsible for implementing six projects, recorded a spending rate of 10%. The Ministry of Public Works, with seven projects in its plan, ranked tenth, with a spending rate of 8.9%.
Increase Spending
Spending rates are expected to rise significantly during the last quarter of the current fiscal year 2024/2025, following the conclusion of the period for studying, presenting, discussing, and addressing the challenges facing these projects. As these issues are resolved, spending rates are anticipated to increase substantially.
An official government report monitoring the implementation status of the annual development plan projects during the first half of 2024/2025 revealed that a total of 133 projects are included in the plan, with a financial allocation of 1.2 billion dinars.
The actual spending reached approximately 111.6 million dinars, representing 9.7% of the total allocated amount. According to the report, about 50% of the projects are in the implementation phase, an increase from 46% in the corresponding period of the previous year.
Additionally, 43 projects, or 32%, are in the preparatory phase, while 5 projects, representing 4%, are in the delivery phase, and 2 projects, representing 2%, have been completed.
