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Kuwait Cabinet Approves Budget, Boosts Digital Drive
๐Ÿ‡ฐ๐Ÿ‡ผ Kuwait /Technology

Kuwait Cabinet Approves Budget, Boosts Digital Drive

From Arab Times · () English

Translated from English, summarized and contextualized by DistantNews.

At a glance

News Official statement Approved/passed
  • Kuwait's cabinet approved the state's final accounts for fiscal year 2025/2026, showing a deficit of KD 7.14 billion.
  • The deficit will be covered by the General Reserve Fund, pending ratification by the Amir.
  • The cabinet also reviewed progress on multi-billion-dollar cloud computing agreements with Google Cloud and Microsoft, emphasizing digital acceleration.

Kuwait's government has officially approved the state's final accounts for the 2025/2026 fiscal year, which concluded with a significant budget deficit of KD 7.14 billion (approximately $23.28 billion). The shortfall is slated to be financed through drawdowns from the General Reserve Fund, awaiting final approval from the Amir. In parallel, the Cabinet received an update on the nation's ambitious digital transformation strategy, focusing on multi-billion-dollar cloud computing partnerships with tech giants Google Cloud and Microsoft. The progress report highlighted advancements in establishing data centers, enhancing cybersecurity, and migrating public institutions to secure cloud platforms. Officials stressed that accelerating these digital initiatives is a national priority to build an integrated digital government and improve public services, especially during emergencies. The session also included a briefing on the successful completion of final examinations for grades 10-12, with leadership directing further modernization of curricula and integration of AI in education while preserving national identity.

accelerating these implementation timelines remains a paramount national priority to anchor a fully integrated digital government capable of maximizing public service delivery and elevating institutional readiness during emergencies.

โ€” Cabinet StatementEmphasizing the importance of the digital transformation initiatives.
DistantNews Editorial

Originally published by Arab Times in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.