June 4, 2020 / 6:21 PM / a month ago

Kuwait to cut government entities' budget for fiscal year 2020-2021 by at least 20%

CAIRO (Reuters) - Kuwait agreed to cut the government entities’ budget for fiscal year 2020-2021 by at least 20%, Kuwait’s cabinet said on twitter on Thursday.

The cabinet also ordered the ministry of finance to coordinate with all the governmental entities to review public services and the value of government subsidies.

Reporting by Hesham Abdul Khalek; Editing by Chris Reese

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